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Germany invited industry representatives, EU officials invite aviation experts to Berlin to go over launching regulations for air travel. Iceland’s major air-ports were closed after shifting winds blew the ash cloud toward the Reykjavik the first time. The airspace closure lasting for the week because of the ash threat to flight creates the worst breakdown in civil aviation in Europe. Over 100000 flights were canceled. Airlines on target lose more fat than 2 billion dollars.
We may or may not understand it but power generation, transmission and distribution is a commercial activity like any other manufacturing or service industry. Of course due to very nature with the product, referring under essential services which are regulated closely by the government in many countries. Still the primary motive of companies coping with power generation and distribution is to earn profit by selling that electricity. In this article we're going to find out about the meaning of tariff as well as the several types of expenses related to power generation.
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