Indigo Shire - renewable energy mapping - Indigo Shire Council
Indigo Shire - renewable energy mapping - Indigo Shire Council
Indigo Shire - renewable energy mapping - Indigo Shire Council
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Earth Systems<br />
Merit Order<br />
Nameplate capacity<br />
Net Present Value (NPV)<br />
Mapping and Brokering Local Energy Solutions in <strong>Indigo</strong> <strong>Shire</strong><br />
The merit order is a way of ranking available sources of <strong>energy</strong>,<br />
especially electrical generation, in ascending order of their short-run<br />
marginal costs of production, so that those with the lowest marginal<br />
costs are the first ones to be brought online to meet demand, and the<br />
plants with the highest marginal costs are the last to be brought on line.<br />
The intended technical full–load sustained output of a facility such as a<br />
power plant, a chemical plant, fuel plant, metal refinery, mine, and many<br />
others.<br />
NPV compares the value of a dollar today to the value of that same<br />
dollar in the future, taking inflation and returns into account.<br />
ISC1240_Phase_1_Report_Rev0_public report 20