Economics of nuclear power
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…
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Economy 7
Economy 7 is a differential tariff provided by United Kingdom electricity suppliers that uses base load generation to provide cheap off-peak electricity during the night. Houses using the Economy 7 tariff require a special electricity meter which provides two different readings - one for electricity used during the…
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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…
Energy transition
An energy transition (or energy system transformation) is a major structural change to energy supply and consumption in an energy system. Currently, a transition to sustainable energy is underway to limit climate change.