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utility |
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utility, in economics: see value value, in economics, worth of a commodity in terms of other commodities, or in terms of money (see price ). Value depends on both desirability and scarcity. The marginal theory of value, pioneered in the late 19th cent. ..... Click the link for more information. . utility(1) See utility program. utility 1. a. a public service, such as the bus system; public utility b. (as modifier): utility vehicle 2. Economics a. the ability of a commodity to satisfy human wants b. the amount of such satisfaction 3. Austral and NZ a small truck with an open body and low sides, often with a removable tarpaulin cover; pick-up 4. a piece of computer software designed for a routine task, such as examining or copying files |
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Beacon's Smart Energy Matrix, now being demonstrated on a scale-power level in two states, is a prototype for a non-polluting, megawatt-level, utility-grade flywheel-based solution that would provide sustainable frequency regulation services. Beacon's Smart Energy Matrix, now being demonstrated on a scale-power level in two states, is a prototype for a non-polluting, megawatt-level, utility-grade flywheel-based solution that would provide sustainable frequency regulation services. These include: 1) a fully compliant interconnection to the electricity grid; 2) the ability to follow fast-changing frequency regulation command signals; 3) secure utility-grade communication between the grid operator and the Smart Energy Matrix; and 4) continuous operation with high system availability. |
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