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MWe meaning

Published by a LexisNexis Energy expert
What does MWe mean?
MWe (megawatt electrical) describes the electrical power output of a generating unit or plant, used to state generation capacity and performance in energy contracts and regulatory documents. It is a descriptive technical term rather than a defined statutory concept; UK and Irish legislation and market rules typically refer simply to megawatts (MW). 1 MWe equals one megawatt (1,000 kW) of electrical power. In practice, MWe is used in power purchase agreements, EPC and O&M contracts, grid connection offers, generation licences, project finance documents, capacity market and contract for difference schedules, and planning and consenting materials. Parties should specify whether figures are gross MWe (at generator terminals) or net MWe (after auxiliary consumption and losses) and identify the measurement point and test conditions, as these affect performance guarantees, availability calculations, liquidated damages and credit metrics. MWe is distinct from MWth (megawatt thermal), which measures heat output (common in nuclear and CHP contexts). Because statutes and codes often use MW without the “e”, confirm whether a reference is intended to be electrical output and whether net or gross. Usage and meaning are broadly consistent across England & Wales, Scotland, Northern Ireland and Ireland.
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PRACTICE NOTES
Gas peaking projects in Great Britain: legal and commercial overview of embedded benefits, Capacity Market and balancing services revenue streams

Author: James Todd, with appreciation to David Cruickshank and Jamie Dunne Introduction and scope The purpose of this Practice Note is to: introduce the rise of ‘gas peaking’ projects that are becoming increasingly widespread across Great Britain’s (GB) electricity market, and set out the principal subsidy/support arrangements that make such projects attractive for developers and, where appropriately structured, suitable for project financing For more information on central project financing issues relating to gas peaking projects, see Practice Note: Gas peaking projects—key project issues relevant to project financing. This Practice Note considers gas peaking within the GB energy market and does not take account of the distinct position in Northern Ireland. For further practical guidance on the financing of energy, power and resources projects across a range of sectors, including those discussed in this Practice Note, see also textbook: Energy and Resources Financing: A Practical Handbook. What is ‘gas peaking’? In broad terms, peaking technology describes any form of technology...

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