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Electricity demand
Electricity demand is measured by the rate at which electrical energy is delivered. It
is measured by the generation and distribution facilities.
Related content: Understand Electricity Demand Charges
Electricity demand bid
In an energy market, there are electricity suppliers, and those who wish to secure this
electricity to meet their consumers' electricity demand. An electricity demand bid is
made by the demand side entities to the electricity suppliers. The bid indicates the
amount of electricity or ancillary services that the buyer is willing to purchase and the
price the buyer is willing to pay for these.
Electricity generation
This is the process of generating electric energy through the transformation of other
forms of energy, such as from the energy stored in coal, UV rays, or the kinetic
energy in water, to name a few examples. Electricity generated is often expressed in
kilowatt-hours(kWh) or megawatt-hours (MWh).
Electric vehicle (EV)
A motor vehicle that is powered by electricity.
Battery electric vehicle (BEV)
A vehicle that is powered entirely by electricity, without the use of an internal
combustion engine.
Plug-in hybrid electric vehicle (PHEV)
A vehicle that is powered mainly by electricity through the use of batteries, but
additional power and distance driving can be derived through a hybrid internal
combustion engine, often fueled by gasoline. The battery can be re-charged
from an electric source.
