absolute efficiency
51Germany — /jerr meuh nee/, n. a republic in central Europe: after World War II divided into four zones, British, French, U.S., and Soviet, and in 1949 into East Germany and West Germany; East and West Germany were reunited in 1990. 84,068,216; 137,852 sq.… …
52government budget — Forecast of governmental expenditures and revenues for the ensuing fiscal year. In modern industrial economies, the budget is the key instrument for the execution of government economic policies. Because government budgets may promote or retard… …
53Steam turbine — A rotor of a modern steam turbine, used in a power plant A steam turbine is a mechanical device that extracts thermal energy from pressurized steam, and converts it into rotary motion. Its modern manifestation was invented by Sir Charles Parsons… …
54Solar power satellite — A solar power satellite, or SPS or Powersat, as originally proposed would be a satellite built in high Earth orbit that uses microwave power transmission to beam solar power to a very large antenna on Earth. Advantages of placing the solar… …
55Compressed-air energy storage — (CAES) refers to the compression of airto be used later as energy source. At utility scale, it can be stored during periods of low energy demand (off peak), for use in meeting periods of higher demand (peak load). Alternatively it can be used to… …
56Principal-agent problem — In political science and economics, the principal agent problem or agency dilemma treats the difficulties that arise under conditions of incomplete and asymmetric information when a principal hires an agent. Various mechanisms may be used to try… …
57ancient Greek civilization — ▪ historical region, Eurasia Introduction the period following Mycenaean civilization, which ended in about 1200 BC, to the death of Alexander the Great, in 323 BC. It was a period of political, philosophical, artistic, and scientific… …
58Compressed air energy storage — Conceptual representation of the compressed air energy storage concept. Off peak (low cost) electrical power compresses air into an underground air storage “vessel” (the Norton mine), and later the air feeds a gas fired turbine generator complex… …
59Fossil fuel power plant — A fossil fuel power plant burns fossil fuels such as coal, natural gas or petroleum (oil) to produce electricity.Fossil fuel power plants are designed on a large scale for continuous operation. In many countries, such plants provide most of the… …
60Carnot's theorem (thermodynamics) — Carnot s theorem, also called Carnot s rule is a principle which sets a limit on the maximum amount of efficiency any possible engine can obtain, which thus solely depends on the difference between the hot and cold temperature reservoirs. Carnot… …
