These are the highest value of electricity generation potential of R. sphaeroides within the known PMFCs.
High value of the thermal efficiency is very effective for reduction of the cost of electricity.
The optimized result shows that the input electricity demand from the system has its highest value of 2.39 MW during peak hour (at 7 PM).
The value of electricity cycles daily with demand, from highs during peak use in the late afternoon and early evening, to lows during nocturnal troughs, meaning that electricity stored at night can be sold at a profit in the daytime.
In such a case, the GHG performances may have a fairly high value because of the limited quantity of electricity produced over the lifetime together with the high emissions related to the infrastructure.
But by that reckoning, electricity, for example, would be a clear loser since it takes many more BTUs of steam to produce a BTU of electricity; the point being that the comparatively higher dollar value of electric power trumps the dollar value of coal or other energy inputs.
However, when the electricity selling price increased, the 1G ethanol plant outperformed the 1G + 2G plant, and higher values of the WEP were required to counterbalance the electricity revenues from 1G ethanol.
Due to the high demand for air conditioning, during the hot summer months, we see that electricity prices are highest during these times of year, as shown in Figure 2. The historically high prices of electricity prices justify the largest value for price elasticity of demand for electricity to occur during these months, as that is when a change in price will affect the consumer the most.
was the first hot day this spring, the high rate of electricity usage & opening of hydrants caused a fear of electricity shortage & loss of water pressure.
"There are participants who have a vested interest in the high price of electricity, not the low price of electricity," said Douglas Gotham, an industry analyst at Purdue University.
