Definition of Power exchange

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TeachMeFinance.com - explain Power exchange



Power exchange

The term 'Power exchange' as it applies to the area of energy can be defined as ' An entity providing a competitive spot market for electric power through day- and/or hour-ahead auction of generation and demand bids'.

Previous 5 Terms:
Power coefficient of reactivity
Power Conversion Efficiency
Power defect
Power demand
Power Density
Next 5 Terms:
Power exchange generation
Power exchange load
Power factor
Power Factor
Power loss




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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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