serayaenergy.com.sg

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Definitions (37)

1

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CONTESTABILITY


The right to choose among electricity retailers for electricity purchase.
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electricity retailer


A company that sells or offers to sell electricity to contestable consumers.
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Energy audit


A programme whereby an energy auditor or energy auditing company inspects a facility or premise to assess the energy use and suggest ways of saving energy.
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Generation


The process of producing electricity.
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Generation company


A company that produces electricity.
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Grid


A system of interconnected power lines that transport electricity from generators to consumers.
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HEUC


Despite the hourly in its name, it is charged every half-hour. It is a balancing component so it can be positive or negative. HEUC can be affected by flows over the interconnection with Malaysia. These flows do not involve financial payments as they are meant to balance out over time. That is over time, the flow of electricity from Singapore to Mal [..]
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Kilowatt-Hour


The basic unit of electrical energy.
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liberalisation


The process of allowing competition in electricity production and retail so that consumers can have choices in buying electricity.
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Load


The amount of electrical power required by a consumer.
Source: serayaenergy.com.sg


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