The formula used to calculate megawatt-hours is Megawatt hours (MWh) = Megawatts (MW) x Hours (h). To convert megawatt hours to megawatts, you are going to need to divide the number of megawatt hours by the num
Combining the observed and ideal load factor data allows us to calculate a weather-corrected load factor (WCLFf,t) for every observation, giving a time series for each farm that should not be affected by wind conditions changing from month to month. The actual load factor (LFf,t) for a ...
Volume can here refer to either capacity (MW), energy (MWh), or budget (EUR), depending on the auctioned product (see Table 2). A subscription rate of more than one represents oversubscription, meaning that there were more bids than could be awarded, creating a competitive situation, while...
We matched cost and revenue data to calculate the net profits of hydro- power under different water fee regimes. The design of the regimes we analyzed is based on existing policies and assumptions about future policy design. The following four main insights emerge from our anal- ysis: First, ...
In this article, firstly, the option method is used to build an option pricing optimization model for power consumption right contracts that can calculate the optimal option premium and strike price of option contracts of power consumption rights. Secondly, from the perspective of power users and ...
As the agents iterate over all the available power generation technologies, they calculate the RoI for each technology. The RoI is calculated by the cash inflows and cash outflows for every power generating technology:(16)CInflowOp,g=∑s(ElectricityPrices,t+n∗RunningHourss,g,t+n∗Available...