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A feed-in tariff (FIT, FiT, standard offer contract, advanced renewable tariff, or renewable energy payments) is a policy mechanism designed to accelerate investment in renewable energy technologies by offering long-term contracts to renewable energy producers. This means promising renewable energy producers an…

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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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The economics of nuclear power concerns the costs, financial risks, and economic factors involved in generating electricity from nuclear reactors, including the capital required to build plants, the operating and fuel costs over their lifetime, and the expenses of decommissioning and managing radioactive waste. It…

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'…