Restructuring plan for IEC
The electrical energy consumed by a 1,000 watt (1 kilowatt) appliance in an hour is one kilowatt-hour (kWh). A kilowatt-hour is also known as a ‘unit of electricity’ and is the unit in which retail sales of electricity are measured
The ability of a material to conduct electricity.The distribution of heat or coolness through a material. The rate of conduction is dependent on the ability of molecules to receive and pass on energy.
Concentrated photovoltaic uses mirrors and lenses to direct an increased amount of energy on smaller solar panes which can be made from low cost materials such as glass or aluminum, thus avoiding the use of silicon a commodity that can be subject to shortages that keep panel prices high. This technology is due to grow from less than 10 megawatts of generation capacity worldwide in 2008 to as much as six gigawatts by 2020.
IEC may be compensate by an additional increase in tariff if a previous update was delayed for any reason
Cofiring is the process of replacing part of the fossil fuel for a power station with a renewable alternative
The date upon which the generation licensee starts feeding energy to the grid
