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Alternative Energy: Acronyms
List of commonly used acronyms in alternative energy
BESS: Battery Energy Storage System (system that stores electrical energy for later use) BEV: Battery Electric Vehicle (vehicle that runs on electricity stored in a battery pack) CEV: Clean Energy Vehicle (general term for any vehicle with lower emissions than traditional gasoline-powered vehicles) CHP: Combined Heat and Power (system that generates electricity and captures waste heat for heating purposes, improving overall energy efficiency) CPV: Concentrated Photovoltaic (type of solar panel that uses lenses to concentrate sunlight onto a smaller area of solar cells) CSP: Concentrated Solar Power (technology that uses mirrors to concentrate sunlight to heat a liquid. The heated liquid is then used to generate electricity) EV: Electric Vehicle (umbrella term for all vehicles powered by electricity, including BEVs, PHEVs, and FCEVs) FCEV: Fuel Cell Electric Vehicle (vehicle that uses electricity generated by a hydrogen fuel cell) GWh: Gigawatt-hour (unit of energy equal to 1,000 megawatt-hours) HEV: Hybrid Electric Vehicle (vehicle that combines an electric motor with a gasoline engine) HVAC: Heating, Ventilation, and Air Conditioning (system that controls temperature and air quality within a building) LCA: Life Cycle Assessment (assessment of the environmental impact of a product or service throughout its entire life cycle) LED: Light Emitting Diode (highly energy-efficient lighting technology) LEED: Leadership in Energy and Environmental Design (green building rating system) MWh: Megawatt-hour (unit of energy equal to 1,000 kilowatt-hours) Net Zero: A condition where greenhouse gas emissions are offset by greenhouse gas removals PHEV: Plug-in Hybrid Electric Vehicle (vehicle that can be powered by an electric battery and a gasoline engine) PV: Photovoltaic (technology that converts sunlight into electricity using solar panels) RES: Renewable Energy Sources (sources of energy that are naturally replenished on a human timescale, such as sunlight, wind, rain, tides, waves, and geothermal heat) TWh: Terawatt-hour (unit of energy equal to 1,000 gigawatt-hours) WH: Watt-hour (unit of energy equal to one watt of power for one hour) kWh: Kilowatt-hour (unit of energy equal to 1,000 watt-hours. Commonly used for billing purposes in electricity)
Disclaimer: The author of this post, may or may not be a shareholder of any of the companies mentioned in this column. No company mentioned has sponsored or paid for this content. |
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General Renewable Energy
RES: Renewable Energy Sources RE: Renewable Energy SREC: Solar Renewable Energy Certificate (certificate representing the environmental benefits of solar power) ROE: Renewable Obligation Certificate (similar to SREC, but used in some regions) IEA-RE: International Energy Agency - Renewable Energy (IEA division focused on renewables) IRENA: International Renewable Energy Agency Solar Energy PV: Photovoltaic CPV: Concentrated Photovoltaic CSP: Concentrated Solar Power BIPV: Building-integrated Photovoltaics (solar panels integrated into the building envelope) **Si: **Silicon (the most common material used in solar cells) CIGS: Copper Indium Gallium Selenide (thin-film solar cell technology) CdTe: Cadmium Telluride (another thin-film solar cell technology) PTC: Photovoltaic Performance Testing Center (organization that tests and certifies solar panels) STPV: Single-junction Thin-film Photovoltaic MTCP: Multi-junction Thin-film Photovoltaic Wind Energy WECS: Wind Energy Conversion System WTG: Wind Turbine Generator AWEA: American Wind Energy Association (US wind industry association) IEC: International Electrotechnical Commission (sets international standards for wind turbines) kWh: Kilowatt-hour MWh: Megawatt-hour LCOE: Levelized Cost of Energy (measure of the average net cost of electricity over the lifetime of a generating plant) CAPEX: Capital Expenditure (the cost of investing in a wind farm) OPEX: Operating Expenditure (the ongoing costs of operating a wind farm) Hydropower HEP: Hydroelectric Power HPP: Hydroelectric Power Plant FERC: Federal Energy Regulatory Commission DAM: Discharge At Minimum (minimum amount of water that must be released from a hydroelectric dam) MW: Megawatt (unit of electrical power) Pumped Hydro: A type of hydroelectric storage using pumped water to store energy Geothermal Energy GEO: Geothermal Energy Organization GTMS: Geothermal Technologies Market Report GEA: Geothermal Energy Association GHP: Ground-Source Heat Pump (uses geothermal energy for heating and cooling) EGS: Enhanced Geothermal System (technology to create artificial geothermal reservoirs) Biomass Energy Biomass: Organic matter used as a renewable energy source BM: Biomethane (renewable natural gas produced from organic matter) WTE: Waste-to-Energy (conversion of waste into electricity or heat) ALGAS: Refers to the use of algae for biofuel production Other Renewable Energy Sources Tidal: Refers to energy generated from the tides OTEC: Ocean Thermal Energy Conversion (uses the temperature difference between deep and surface ocean water to generate electricity) WSH: Wave Surge Hydropower (uses the energy of waves to generate electricity) H2: Hydrogen (used in fuel cell electric vehicles) EV: Electric Vehicle BEV: Battery Electric Vehicle PHEV: Plug-in Hybrid Electric Vehicle FCEV: Fuel Cell Electric Vehicle This list is extensive but not exhaustive as this is a rapidly developing/enlarging field.
Disclaimer: The author of this post, may or may not be a shareholder of any of the companies mentioned in this column. No company mentioned has sponsored or paid for this content. |
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