Where has all the power gone?
Although it was criticized that these plants were operated private cause of financial difficulties of the CEB, in fact, their contribution has increased over the years. A normal, private factory contributes over one third of the electricity needs of the country every day during dry periods when CEB is obliged to reduce its production of hydroelectric power, private power plants contribute as much as half electricity demand of the country daily. Contrary to what the public is led to believe, some of the private power plants produce the cheapest electricity today.
In the wake of recent power cuts that the Department of Energy and Energy continues to deny, despite many parts to be offline during the evening rush hour (which later expanded to the day) there had been attempts to divert attention again to the evil power racketeers. It was alleged that a powerful businessman whose company owns several private power plants had used his influence with Ceylon Petroleum Corporation to supply fuel to keep certain plants such as the cheapest on the West Coast of plants Kerawalapitiya, so that the CEB would be forced to use the plants to compensate for the loss.This argument, on the face of it seems attractive to the masses who pay a high price for their electricity.
However, the truth is different from what they are trying to project. All power supply CEB private long-term contracts called power purchase agreements (PPA). These agreements specify, among other things, the payment terms and details of how the power acquired by the CEB plant is priced.Although this pricing mechanism (or pricing formula) can be complicated and understood by some, the price paid per unit purchased two components: the capacity charge and pass through costs. The load capacity is a fixed component and is paid regardless of the number of units produced. This component, in other words, is independent of the number of units purchased by the CEB in a given month. This charge will be set perfectly that the developer will receive an income sufficient to service its debts, to meet all recurrent costs that are independent of production such as employee salaries, rentals, etc.As well as loan payments to lenders. Carrying capacity should also include a reasonable return on investment (profit). The transition costs, however, is a variable load that includes the actual cost of fuel, lubricants, etc., engaged in the production of electricity.
Earthquake and hurricane, the east coast is starting the Fall with a ...
Earlier today I got on a scheduled phone call with some of the staff in our D.C. office just after they had come back into their building after evacuating during the 5.8 magnitude Virginia earthquake that rattled buildings and nerves all the way to New York City. They, of course, had more immediate concerns but thoughts for many folks here in the Texas office immediately went to “What nuclear plants are in the area.” And, sure enough, not minutes after I got back to to my desk I found an Nuclear Regulatory Commission (NRC) alert announcing that this earthquake also triggered the shutdown of a nearby nuclear power plant and spurred declarations of “unusual events” at plants as far away as Michigan.
Dominion Virginia Power reported that both reactors at its North Anna plant, less than 20 miles from the epicenter of the magnitude-5.8 quake, shut down after the first tremors and vented steam, but there was no release of radioactive material. Off-site electric power has been interrupted, but right now, the operator is reporting that the plant is operating on emergency power and the units were safely deactivated.
North Anna’s operators were preparing to manually shut down the units after the quake when the power station’s operating system automatically powered down both units when off-site power was lost.
The plant has four diesel generators supplying backup power and those generators have three days of fuel. However, off-site electric power was expected to be restored later today.
The North Anna plant is about 50 miles northwest of Richmond and about 90 miles southwest of Washington. Operators declared an alert — the second-lowest level of emergency reporting under U.S. nuclear regulations — after the quake struck shortly before 2 p.m., the Nuclear Regulatory Commission said.
Twelve other plants in six states issued an “unusual event” declaration, the lowest level of emergency notice, according to the NRC. They included the Shearon Harris plant in North Carolina; the Calvert Cliffs plant in Maryland; Pennsylvania’s Susquehanna, Three Mile Island, Limerick and Peach Bottom plants; the Oyster Creek, Hope Creek and Salem plants in New Jersey; and the D.C. Cook and Palisades plants in Michigan. All of these plants are continuing to operate, but plant personnel are examining the sites for any damage or problems.
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