The kilowatt hour is most commonly known as a billing unit for energy delivered to consumers by electric utilities. If you know another acronym … While traditional carbon emissions trading programs promote low-carbon technologies by increasing the cost of emitting carbon, RECs can incentivize carbon-neutral renewable energy by providing a production subsidy to electricity generated from renewable sources. It is one of the most common forms of energy recycling. Solar Energy Acronyms [edit | edit source] Acronym Meaning Units TSW Thermal Storage … The power purchase agreement specifies the terms and conditions under which electric power will be generated and purchased. Acronyms… Power purchase agreements require the independent power producer to supply power at a specified price for the life of the agreement. AMERICAN RECOVERY & REINVESTMENT ACT. These projects may include reducing energy consumption in publicly owned buildings by at least 20%, implementing green community programs, or rural development involving the production of electricity from renewable energy resources. ACORE: Founded in 2001, the American Council on Renewable Energy (ACORE) is a 501 (c)(3) national nonprofit organization that unites finance, policy and technology to accelerate the transition to a renewable energy economy. AFV. SPI: Solar Power International (SPI) was created in 2004 when the Solar Electric Power Association (SEPA) and the Solar Energy Industries Association (SEIA) joined together in partnership to fill an obvious void: the US was missing a business-to-business solar conference and expo. Under a feed-in tariff, an obligation is imposed on regional or national electricity utilities to buy renewable electricity from all eligible participants. Get educated: Solar can generate electricity, heat water, or help heat your home. Federal investment tax credit (ITC): Commonly referred to as the solar tax credit, the ITC effectively … Maybe you were looking for one of these abbreviations: SOL - SOLA - SOLACE - SOLAI - SOLAL - SolarSIM - SOLAS - SOLB - SOLCO - SOLCON With an industry growth rate of more than 40% per year, there was a need for a single event where industry could come together with potential customers, policymakers, investors, and other parties necessary for continued rapid growth. Such businesses can range from a family whose residential property includes a well whose flow in excess of the family's own needs produces a secondary income, to international communications conglomerates, but political and infrastructure considerations in some countries makes the private sector of the electric-power production and distribution industry the most often discussed investor-owned utilities there. AWEA. What does SE stand for? By using thousands of mirrors, sunlight is concentrated onto a small area and creates a large amount of heat (or thermal energy). RFP: A request for proposal (RFP) is an invitation for suppliers, often through a bidding process, to submit a proposal on a specific commodity or service. I’m working on creating a glossary of acronyms used in the solar energy industry, especially in Florida. The Disco can also perform other services such as aggregating customers, purchasing power supply and transmission services for customers, billing customers and reimbursing suppliers, and offering other regulated or non-regulated energy services to retail customers. Their mission is to inspire an era of energy innovation and speed the transition to a sustainable energy economy. I = Io * ( … They are the oldest, largest, and most influential grassroots environmental organization in the United States. Making electricity is the most common use of solar energy in Minnesota today. It occurred to me that employees and clients alike need a single source to learn what all of the industry lingo means. Solar*Rewards Community – Subscriber FAQ Updated: October 2020 Terms and Acronyms • Community Solar Garden (CSG) • Renewable Energy Certificate or Credit (REC) • Solar*Rewards Community (SRC) … F. Federal Energy Regulatory Commission (FERC)—The Federal Energy Regulatory … RES/RPS: A renewable portfolio standard (RPS) or renewable electricity standard (RES) is a regulation that requires the increased production of energy from renewable energy sources, such as wind, solar, biomass, and geothermal. In a time of use rate structure, higher prices are charged during utility peak-load times. ITC: an Investment Tax Credit is a tax credit provided to taxpayers, including people or businesses, related to the investment in a particular entity. LEC/LCOE: Levelized energy cost (LEC, also called Levelized Cost Of Energy or LCOE) is a cost of generating energy (usually electricity) for a particular system. Breaking down information overload into business reality, SEPA takes the time and risk out of implementing solar business plans and helps turn new technologies into new opportunities. Find more ways to say solar energy, along with related words, antonyms and example phrases at Thesaurus.com, the world's most trusted free thesaurus. Couldn't find the full form or full meaning of SOLAR? Acronyms CERTS Clean Energy Resource Teams CHP Combined Heat and Power CSG Community Solar Garden DOE U.S. Department of Energy IOU Investor Owned Utility ... UMD Solar Energy Summit: On April 20, 2016, University of Minnesota Duluth hosted a Solar Summit. A photovoltaic system is the array plus all of the nuts and bolts necessary to install a system on your roof. Energy from the sun. The consumer of a REC receives only a certificate. IOU: An investor-owned utility (IOU) is a business organization, providing a product or service regarded as a utility (often termed a public utility regardless of ownership), and managed as private enterprise rather than a function of government or a utility cooperative. The EPBB incentive is offered only to systems smaller than 30 kW AC in California, under the California Solar Initiative. ASES: Established in 1954, the American Solar Energy Society is an association of solar professionals and advocates. A photovoltaic array is an interconnected system of modules that gets the job of converting solar power to electricity … Minneapolis-based Xcel, the state's largest … Photovoltaic refers to a way of directly converting light … Acronyms. FERC: The Federal Energy Regulatory Commission regulates and oversees energy industries in the economic, environmental, and safety interests of the American public. Solar Energy, the official journal of the International Solar Energy Society®, is devoted exclusively to the science and technology of solar energy applications.. AEE: Advanced Energy Economy, a national association of business leaders who are making the global energy system more secure, clean, and affordable. CEERT - Coalition for Energy Efficiency and Renewable Technologies; CED - California Energy … Photo means light. It is usually … Sierra Club: Since 1892, the Sierra Club has been working to protect communities, wild places, and the planet itself. REC/SREC: Renewable Energy Certificates (RECs), or Solar Renewable Energy Certificates (SREC), are tradable, non-tangible energy commodities in the United States that represent proof that 1 megawatt-hour (MWh) of electricity was generated from an eligible renewable energy resource. CSP: Concentrated Solar Power, used in utility-scale solar power plants. The kilowatt hour (kWh) is a unit of energy equal to 1000 watt hours or 3.6 megajoules. concentrating solar power (CSP) — A solar technology that use mirrors to reflect and concentrate sunlight onto receivers that convert solar energy to heat. Insolation — A portmanteau of the phrase “ In coming Sol ar Radi ation ”, it is a measure of the amount of solar radiation energy received on a given surface area over a given time. The RPS mechanism generally places an obligation on electricity supply companies to produce a specified fraction of their electricity from renewable energy sources. solar cycle, solar day, solar eclipse, solar elastosis, solar-electric propulsion, solar energy, solar flare, solar furnace, solar ganglion, solar-heat, solar heating. Certified renewable energy generators earn certificates for every unit of electricity they produce and can sell these along with their electricity to supply companies. SEPA: The Smart Electric Power Association is comprised of over 560 utilities and solar industry members. BIPV: Building Integrated Photovoltaics (BIPV) refers to photovoltaic systems integrated with an object's building phase. REC/SREC: Renewable Energy Certificates (RECs), or Solar Renewable Energy Certificates (SREC), are tradable, non-tangible energy commodities in the United States that represent proof that 1 megawatt … REFERENCE. A net present value calculation is performed and solved in such a way that for the value of the LEC chosen, the project's net present value becomes zero. PAC: Political Action Committee. Solar Acronyms and Definitions 1. SREC (solar renewable energy certificate): an SREC is the property right to the environmental benefits associated with generating solar electricity. BCSE: The Business Council for Sustainable Energy is an organization dedicated to implementing market-based approaches to reducing pollution and providing a diverse, secure mix of energy resources. PUC: A public utilities commission (PUC) is a governing body that regulates the rates and services of a public utility. RTO: A regional transmission organization (RTO) in the United States is an organization that is responsible for moving electricity over large interstate areas. DG: Distributed generation, also called on-site generation, dispersed generation, embedded generation, decentralized generation, decentralized energy or distributed energy, generates electricity from many small energy sources. The Society was founded in 1954 and is now … Energy in watt hours is the multiplication of power in watts and time in hours. A solar trade group said All Energy's grievances reflect longstanding and costly interconnection problems with Xcel for the entire industry. Cells are traditionally made of silicon compounds though cadmium telluride is also used. Supply companies then pass the certificates to some form of regulatory body to demonstrate their compliance with their regulatory obligations. ACELA: American Clean Energy Leadership Act, also known as S. 1462, is the Senate’s version of the ACES Bill. Homeowners who generate solar electricity … SE abbreviation stands for Solar Energy. USP: Utility Scale Power is an abbreviation used to reference large-scale solar projects. Through education, research and market transformation, The Solar Foundation strives to increase the use of solar energy -- our cleanest, greatest, and most available energy source. EERS: An Energy Efficiency Resource Standard (EERS) is a simple, market-based mechanism to encourage more efficient generation, transmission, and use of electricity and natural gas. One variation is Organic Photovoltaics (OPV) which are made of carbon-based compounds. TSF: The Solar Foundation is a 501(c)(3) nonprofit organization that promotes the use of solar energy technologies to help meet the world's energy needs. It is important to understand that the energy associated with a REC is sold separately and is used by another party. LSE: Load-serving entities (LSE) are utilities, marketers or aggregators who provide electric power to a large number of end-use customers. The solar ITC has been one of the most important federal policy mechanisms to support the growth of solar energy in the United States. DSM: Demand Side Management (DSM), also known as Energy Demand Management, entails actions that influence the quantity or patterns of use of energy consumed by end users, such as actions targeting reduction of peak demand during periods when energy-supply systems are constrained. Use Energy Commission or just Commission instead.) T = Exp (-t*m) , or t = - ln (T)/m, where m is the airmass, or equivalent path length through the atmosphere. SEIA has a PAC whose mission is to help elect candidates who support the growth of solar in the U.S. PPA: A Power Purchase Agreement (PPA) refers to a contract entered into by an independent power producer and an electric utility. SEIA and SEPA are the co-owners of Solar Energy Trade Shows, which implements solar events and conferences around the country, including Solar Power International. Ic manuf logo--English Electric Valve Co.gif, Ic manuf logo--Ferranti Electronics Ltd.jpg, Ic manuf logo--Century Microelectronics.gif, Ic manuf logo--EM-Microelectronics-Marin.gif, How to find FOSS (Free Software and Open Source software), How to find a host for your free software project, How to use APT (Advanced Packaging Tool) software, How to gracefully kill (close) programs and processes via command line, How to embed IP Camera in web page and website, How to identify computer chips or integrated circuits on circuit boards, Guide to electronic and computer acronyms A-J, https://how-to.fandom.com/wiki/Guide_to_solar_energy_acronyms?oldid=37571, Engineering, Procurement and Construction. Get SEIA emails and stay on top of the latest solar news in your state. Yet, they could be built later on. We advance education, research and policy. Browse and search thousands of Energy Abbreviations and acronyms in our comprehensive reference resource. Peak demand management does not necessarily decrease total energy consumption but could be expected to reduce the need for investments in networks and/or power plants. CEC - California Energy Commission (Please note that the Energy Commission prefers to not use the acronym "CEC" because of possible confusion with other agencies or companies with the same acronym. Created by. TOU: Time of use rates are electricity prices that vary depending on the time periods in which the energy is consumed. EIS: An environmental impact statement (EIS) under United States environmental law, is a document required by the National Environmental Policy Act for federal government agency actions "significantly affecting the quality of the human environment.” A tool for decision making, an EIS describes the positive and negative environmental effects of proposed agency action - and cites alternative actions. Learn about solar through sources such as the Clean Energy Resource Teams (CERTs) and the U.S. Department of Energy. AWEA: The American Wind Energy Association is the national trade association for the wind industry. How To Wiki is a FANDOM Lifestyle Community. These certificates can be sold and traded or bartered, and the owner of the REC can claim to have purchased renewable energy. What is the abbreviation for Solar Energy? A name commonly given to a private group, regardless of size, organized to elect political candidates. Put it all together, and you get photovoltaic, which means converting light into electricity. kW/kWh: The kilowatt (kW) is equal to one thousand watts. They have chapters throughout the US and Canada. The "wires" and "customer service" functions provided by a distribution utility could be split so that two totally separate entities are used to supply these two types of distribution services. Another word for solar energy. SIR—savings-to-investment ratio (energy conservation investments) SLA—Specific leakage area; SPB—Simple Payback (energy conservation investments) SSE—steady-state efficiency; U … PV: Photovoltaics are the solar panels that most people are familiar with that can be placed on residential or commercial rooftops, used as an electronic charger, as well as numerous other applications. Dictionary.com Unabridged Based on the Random … What solar acronyms and organization definitions are necessary to know? A basic PV system is mainly composed of solar … It is an economic assessment of the cost the energy-generating system including all the costs over its lifetime: initial investment, operations and maintenance, cost of fuel, cost of capital. ARRA. O&M: Operations & Maintenance (O&M) are costs that relate to the normal operating, maintenance and administrative activities of a business. This means that the LEC is the minimum price at which energy must be sold for an energy project to break even. A photovoltaic array is an interconnected system of modules that gets the job of converting solar power to electricity done. An EERS consists of electric and/or gas energy savings targets for utilities, often with flexibility to achieve the target through a market-based trading system. Top EUL abbreviation related to Energy: Effective Useful Life Whether you've been in the industry for decades or just started a new job today, keeping track of all the different terminology and acronyms can become a full-time job. Advanced energy encompasses a broad range of products and services that constitute the best available technologies for meeting energy needs today and tomorrow. All Rights Reserved. ACRONYM. DISCO: Distribution Company or Distribution Utility (Disco) is the regulated electric utility entity that constructs and maintains the distribution wires connecting the transmission grid to the final customer. Such rates can provide an incentive for consumers to curb power use during peak times. It reduces the amount of energy lost in transmitting electricity because the electricity is generated very near where it is used, perhaps even in the same building. General function is to help fundraising efforts of political candidates. CHP: Combined heat and power (CHP) or cogeneration is the use of a heat engine or a power station to simultaneously generate both electricity and useful heat. It typically includes three key provisions: 1) guaranteed grid access, 2) long-term contracts for the electricity produced, and 3) purchase prices that are methodologically based on the cost of renewable energy generation. Can be harnessed in several ways, including through photovoltaic and concentrated solar power systems (CSP). RTP: Real-time pricing (RTP) is the instantaneous pricing of electricity based on the cost of the electricity available for use at the time the electricity is demanded by the customer. It didn't take long for the event to establish itself as the premiere solar event in the US, growing from 1,100 attendees to over 22,500 in just 5 years. Take a class on solar … In simplest terms, for Io = extraterrestrial radiation, and I = radiation at surface. Take your favorite fandoms with you and never miss a beat. ISO: An Independent System Operator (ISO) is an organization formed at the direction or recommendation of the Federal Energy Regulatory Commission (FERC). A megawatt hour is the amount of power used if 1,000,000 watts are used for 1 hour, or 1 watt is used for 1,000,000 hours. Energy EUL abbreviation meaning defined here. MW/MWh: The megawatt is equal to one million watts. In the areas where an ISO is established, it coordinates, controls and monitors the operation of the electrical power system, usually within a single US State, but sometimes encompassing multiple states. This also reduces the size and number of power lines that must be constructed. This thermal energy is then used to produce … Like a transmission system operator (TSO), an RTO coordinates, controls and monitors an electricity transmission grid that is larger with much higher voltages than the typical power company's distribution grid. The Summit allowed UMD students, faculty, and staff working on solar … Voltaic means electricity produced by a chemical action. QECB: A qualified energy conservation bond is a type of tax credit bond which may finance a broad array of “green” projects. What does EUL stand for in Energy? It means that they are built/constructed along with an object and are planned together with the object. 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