Capacity margin
Planning our electric future: a White Paper for secure, affordable and low-carbon electricity, Glossary, published by the Department of Energy & Climate Change on 14 July 2011, defines capacity margin as: ‘The difference between peak demand and installed capacity, adjusted for probable availability at peak.’
Where the Capacity Market is: ‘A type of Capacity Mechanism in which the total volume of capacity required is estimated, and providers willing to offer capacity (whether in the form of generation or non-generation technologies and approaches such as storage or demand side response) can sell that capacity. There are several forms of Capacity Market, depending on the nature of the ‘capacity’ and how it is bought and sold.’
And the Capacity Mechanism is a: ‘Policy instrument designed to help ensure security of supply by providing a more secure capacity margin than that which would be determined by the market without intervention.’
[edit] Related articles on Designing Buildings
Featured articles and news
Delays on construction projects
Types, mitigation and the acceleration of works.
From Chaucer to Fawlty Towers.
Electrotechnical excellence, now open for entries.
Net zero electricity grids BSRIA guide NZG 5/2024
Outlining the changes needed to transition to net zero.
CIOB Global Student Challenge 2024
Universitas Indonesia wins for second year running.
New project and cultural district described in detail.
The nature of EPCs, crticism and inaccuracies.
History, issues and redesign.
From waste recycling to energy performance the hierchy.
An introduction to WERCS and WEEE responsibilities
Dealing with 2 million tonnes of waste equipment a year.
Global BACS Market: analytics and optimisation
A BSRIA glance at building automation and control systems.
What it is and how to use it.
Types of insulating plaster by binder and insulant.
Investors in People: CIOB achieves gold
Reflecting a commitment to employees and members.
Scratching beneath the surface; a guide to selection.
ECA 2024 Apprentice of the Year Award
Entries open for submission until May 31.
UK gov apprenticeship funding from April 2024
Brief summary the policy paper updated in March.
Comments
[edit] To make a comment about this article, or to suggest changes, click 'Add a comment' above. Separate your comments from any existing comments by inserting a horizontal line.