Green finance
Grid parity is the situation in which the price of renewable electric energy (without subsidies or government support) falls below that of the conventional energy electricity market. The cost of producing electricity are very different depending on the size of the installations: they are inversely proportional to the size of the power plant, due to […]
The excess electrical power can be converted into other forms of energy for storage and reconversion. Direct current electrolysis can be used to produce hydrogen which, in turn, can be converted to methane (CH4) by methanation. Another possibility is to convert hydrogen, as well as CO2, into methanol. Both of these fuels can be stored […]
Although several contracts can be signed to build a renewable energy plant, the most common approach is an EPC contract: Engineering Procurement and Construction (EPC: Engineering Procurement Construction). Under an EPC (EPC) contract, a prime contractor is engaged to perform the detailed engineering design of the project, and procure all necessary equipment and materials, and […]
In an economy, the production and supply of electricity is vital. Electricity is involved in almost all goods and services, and in large quantities, consumed directly by households. The term “electricity market” refers generally to the various forms of organization of the electricity production and marketing sector. There are generally two types of structure: 1 […]