Definition of Purchased power

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TeachMeFinance.com - explain Purchased power



Purchased power

The term 'Purchased power' as it applies to the area of reclamation can be defined as ' Normally this type is used to represent the purchase cost of energy for firming up the power supply. In some instances, this can involve also the purchase of power capacity'.

The term 'Purchased power' as it applies to the area of energy can be defined as ' Power purchased or available for purchase from a source outside the system'.


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About the author

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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