English Glossary
Since 02.06.2017
Browse the glossary using this index
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O&Moperation and maintenance | |
O&M agreementoperations and maintenance agreement | |
OCGTopen cycle gas turbine | |
OECDThe Organisation for Economic Co-operation and Development | |
off-grid systemAn off-grid renewable energy system is a renewable energry system not connected to the national grid, e.g. an off-grid PV system. | |
offtaker(Also called: offtake purchaser). The purchaser of a project’s output. | |
open circuit voltageVOC - the maximum voltage produced by an illuminated photovoltaic cell, module, or array with no load connected. | |
operating cash flowProject revenues less cash operating expenses. | |
operating codeRegulations relating to a system’s operation. | |
operating reserveGenerating capacity available to an electricity network operator which can be activated within a short interval of time in order to meet demand if a generator goes down or there is another disruption to the supply. | |
operating riskCost, technology, and management components which affect operating expenses, output, or throughput. | |
operational expenditureCosts of running a project. | |
operations and maintenance agreementA contract obligating a party (usually the manufacturer of the project's equipment) to operate and maintain the project. | |
OPEXoperational expenditure | |
opportunity costsIn microeconomic theory, the opportunity cost of a choice is the value of the best alternative forgone, in a situation in which a choice needs to be made between several mutually exclusive alternatives given limited resources. Assuming the best choice is made, it is the 'cost' incurred by not enjoying the benefit that would be had by taking the second best choice available | |
ORoperating reserve | |
ORCOrganic Rankine Cycle | |
orden de méritoEs la metodología empleada para mercados eléctricos, basada en el precio ascendente y en la cantidad de energía que se generará. Es la secuencia de la central eléctrica que inicialmente conecta a la red la planta con coste marginal mínimo, y las plantas de costo marginal más alto se conectan por último. | |
organicSubstances that contain carbon, originating from living matter. | |