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Electrical systems transfer electricity which is mostly produced and consumed by rotating electrical machines. Further, the use of electric and hybrid electric drivelines in both passenger and heavy vehicles is now commonplace and with a continuously growing market share. At the same time, increased computational power and novel control algorithms enable opportunities to reduce energy consumption and/or improving various performance metrics of electric drives. Electrical machines and electric drives are therefore a vital part of the future electrical ecosystem in the global quest towards solutions to environmental challenges.The activities encompass design and analysis of novel electric machinery and electric drives for traction applications as well as corresponding auxiliaries. In recent years, focus has been put on modular converter and machine concepts in order to realize compact integrated electric drives. Further, design of electric machinery taking production aspects into account and the interaction between battery systems and power electronic loads are presently being investigated.
We may or might not exactly realize it but power generation, transmission and distribution is often a commercial activity like every other manufacturing or service industry. Of course as a result of very nature in the product, it comes under essential services which are regulated closely by the government in lots of countries. Still the primary motive of companies dealing with power generation and distribution is to earn profit by selling that electricity. In this article we're going to discover the concept of tariff and the a variety of costs associated with power generation.
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