Feed-in tariffs in the United Kingdom
A feed-in tariff (FIT) is paid by energy suppliers in the United Kingdom if a property or organisation generates their own electricity using technology such as solar panels or wind turbines and feeds any surplus back to the grid. The FIT scheme was imposed on suppliers by the UK government, and applied to…
Power purchase agreement
A power purchase agreement (PPA), or electricity power agreement, is a long-term contract between an electricity generator and a customer, usually a utility, government or company. PPAs may last anywhere between 5 and 20 years, during which time the power purchaser buys energy at a pre-negotiated price.
Bulk box
A bulk box, also known as a bulk bin, skid box, pallet box, bin box, gaylord, or octabin, is a pallet-size box used for storage and shipping of bulk or packaged goods. Bulk boxes can be designed to hold many different types of items such as plastic pellets, watermelons, electronic components, and even liquids; some…
Big Six energy suppliers
The Big Six were Great Britain's largest retail suppliers of gas and electricity, who dominated the market following liberalisation in the late 1990s. By 2002, six companies – British Gas, EDF Energy, E.ON, RWE npower, Scottish Power and SSE – had emerged from the 15 former incumbent monopoly suppliers (the 14…
Solar panel
A solar panel is a device that converts sunlight into electricity by using multiple solar modules that consist of photovoltaic (PV) cells. PV cells are made of materials that produce excited electrons when exposed to light.
Breakbulk cargo
Break-bulk, breakbulk, or break bulk cargo, also called general cargo, are goods that are stowed on board ships in individually counted units. Traditionally, the large numbers of items are recorded on distinct bills of lading that list them by different product.
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ING Group
The ING Group (Dutch: ING Groep N.V.) is a Dutch multinational banking and financial services corporation headquartered in Amsterdam. Its primary businesses are retail banking, direct banking, commercial banking, investment banking, wholesale banking, private banking, and asset management.
Cost of electricity by source
Different methods of electricity generation can incur a variety of different costs, which can be divided into three general categories: 1) wholesale costs, or all costs paid by utilities associated with acquiring and distributing electricity to consumers, 2) retail costs paid by consumers, and 3) external costs, or…