Mini-grid
A mini-grid is an aggregation of electrical loads and one or more energy sources operating as a single system providing electricity and possibly heat, isolated from a main power grid. A modern mini-grid may include renewable- and fossil fuel-based power generation, energy storage, and load control.
Pallet
A pallet (also called a skid) is a flat transport structure, which supports goods in a stable fashion while being lifted by a forklift, a pallet jack, a front loader, a jacking device, or an erect crane. Many pallets can handle a load of 1,000 kg (2,200 lb).
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1979 oil crisis
The 1979 oil crisis, sometimes referred to as the second oil crisis (in reference to the 1973 oil crisis), refers to the drop in oil production in the aftermath of the Iranian Revolution that led to an energy crisis in 1979. Although the global oil supply only decreased by approximately four percent, the oil markets'…
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Electric Reliability Council of Texas
The Electric Reliability Council of Texas, Inc. (ERCOT) is an American organization that operates Texas' electrical grid, the Texas Interconnection, which supplies power to more than 25 million Texas customers and represents 90 percent of the state's electric load.
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Economic impact of the COVID-19 pandemic
The COVID-19 pandemic caused far-reaching economic consequences including the COVID-19 recession, the second largest global recession in recent history, decreased business in the services sector during the COVID-19 lockdowns, the 2020 stock market crash (which included the largest single-week stock market decline…
Sustainable distribution
Sustainable distribution refers to any means of transportation / hauling of goods between vendor and purchaser with lowest possible impact on the ecological and social environment, and includes the whole distribution process from storage, order processing and picking, packaging, improved vehicle loadings, delivery to…