Advanced Energy Solutions MCQ
1. What is an IOU?
Answer
Correct Answer:
A company, owned by stockholders for profit, that provides utility services
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2. What does Interruptible Gas mean?
Answer
Correct Answer:
Gas sold to customers with a provision that permits curtailment of service.
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3. What is a specific transmission connection between one utility to another called?
Answer
Correct Answer:
Interconnection
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4. What is indexing?
Answer
Correct Answer:
Tying the commodity price of gas in a contract to published index prices.
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5. What is an imbalance?
Answer
Correct Answer:
Discrepancy between the amount of gas that a seller contracted to deliver and the actual volumes used or delivered.
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6. What drives the turbine generators in a hydroelectric plant?
Answer
Correct Answer:
Falling water
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7. What is the main purpose of a headstation?
Answer
Correct Answer:
Mainline receipt points on the pipeline
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8. What does the term "Green Pricing" refer to?
Answer
Correct Answer:
Marketing of electricity produced through renewable technologies
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9. What is Green Energy?
Answer
Correct Answer:
Energy produced from renewable energy resources.
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10. What is a gigawatthour?
Answer
Correct Answer:
One billion watt-hours.
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11. What is a gigawatt?
Answer
Correct Answer:
One billion watts.
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12. What is a Gigajoule?
Answer
Correct Answer:
A unit of energy equaling approximately 1 million Btu or 1 MMBtu.
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13. What does a fuel cell use to generate electricity?
Answer
Correct Answer:
Natural gas
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14. What does a fossil-fuel plant use as its source of energy?
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Correct Answer:
Coal, petroleum, or gas
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15. What is a fossil fuel?
Answer
Correct Answer:
Any naturally occurring organic fuel, such as petroleum, coal, and natural gas
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16. What is the highest quality sales of gas transportation or electric transmission service offered to customers under a filed rate schedule?
Answer
Correct Answer:
Firm Service
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17. What is firm gas?
Answer
Correct Answer:
Gas sold on a continuous and generally long-term contract.
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18. After expiration, all option contract rights or obligations become _____ ?
Answer
Correct Answer:
Null and void
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19. What does ESCO stand for?
Answer
Correct Answer:
Energy Service Company
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20. What does the EPAct do?
Answer
Correct Answer:
The Energy Policy Act of 1992 addresses a wide variety of energy issues.
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21. What does the Energy Policy Act of 1992 create?
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Correct Answer:
A new class of power generator
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22. What does the EPA stand for?
Answer
Correct Answer:
Environmental Protection Agency
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23. What is the primary source that provides the power that is converted to electricity?
Answer
Correct Answer:
Energy Source or Energy Fuel
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24. What is an Energy Service Company?
Answer
Correct Answer:
A company that markets and provides energy-related products and services.
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25. What does the energy charge portion of an electric bill depend on?
Answer
Correct Answer:
The electric energy (kWh) consumed or billed.
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26. What does "end-user" most commonly refer to?
Answer
Correct Answer:
Large commercial, industrial, or utility consumers
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27. What is the embedded cost?
Answer
Correct Answer:
The historical cost of all facilities in the electric or gas supply system.
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28. When was the Electric Power Research Institute founded?
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29. What does Edison Electric Institute represent?
Answer
Correct Answer:
Electric utilities
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30. What is a distribution line?
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Correct Answer:
A line or system for distributing power from a transmission system to a customer.
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31. What is the maximum voltage for a distribution line?
Answer
Correct Answer:
69,000 volts
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32. What is the delivery of electricity to the retail customer's home or business called?
Answer
Correct Answer:
Distribution
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33. What is the other name for small-scale power generation?
Answer
Correct Answer:
Distributed Generation
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34. What does Disco stand for?
Answer
Correct Answer:
Distribution company
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35. What does a Disco electric utility company own?
Answer
Correct Answer:
Distribution
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36. What is deregulation?
Answer
Correct Answer:
The process of removing restrictive regulations on previously regulated companies and allowing for competition to enter the market.
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37. What is Demand-Side Management?
Answer
Correct Answer:
The process of managing the consumption of energy
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38. What is the Demand Charge?
Answer
Correct Answer:
The portion of a gas or electric charge that reflects a customer’s contract requirements.
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39. Where does natural gas exit one system and enter another?
Answer
Correct Answer:
Delivery Point
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40. What is the delivery month?
Answer
Correct Answer:
The specific month in which delivery of the actual commodity takes place.
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41. How many BTUs are in one Dekatherm?
Answer
Correct Answer:
1 million
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42. What is a degree day?
Answer
Correct Answer:
A measure of temperature variation from standard, used primarily in connection with heating and cooling loads.
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43. What is Customer Choice a synonym for?
Answer
Correct Answer:
Deregulation or restructuring
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44. What does the term "Curtailment" mean?
Answer
Correct Answer:
Reduction in scheduled capacity or energy delivery as a result of transmission constraints.
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45. Current Delivery Month is also called what?
Answer
Correct Answer:
The spot month
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46. What is the unit used to measure the strength of an electric current?
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47. What is the standard temperature that a cubic foot of gas is measured at?
Answer
Correct Answer:
60 degrees Fahrenheit
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48. What is a Cooperative Electric Utility?
Answer
Correct Answer:
An electric utility that is owned by and operated for the benefit of those using its service.
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49. What is a convergence merger?
Answer
Correct Answer:
A merger of companies with different types of products, such as electric and natural gas services.
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50. What is the near-month futures contract?
Answer
Correct Answer:
A contract in which the delivery of the underlying asset will take place at the end of the month
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51. What does "Contract Path" refer to?
Answer
Correct Answer:
A Point of Receipt to Point of Delivery route for which capacity rights and contract prices have been established.
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52. Contract demand is a minimum or maximum amount?
Answer
Correct Answer:
Maximum amount
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53. What is the meaning of "Contango Market"?
Answer
Correct Answer:
Prices are progressively higher in succeeding delivery months than in the nearest delivery month.
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54. What is Compressed Natural Gas used for?
Answer
Correct Answer:
In vehicles and in other applications not attached to a pipeline
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55. Which of the following is not a function of the Commodity Futures Trading Commission?
Answer
Correct Answer:
Oversight of commodity futures trading activities
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56. What is the commodity charge based upon?
Answer
Correct Answer:
The volume actually used or transported
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57. What is the CFTC?
Answer
Correct Answer:
Commodity Futures Trading Commission
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58. What does the Commitment of Traders Report detail?
Answer
Correct Answer:
The volume of long and short positions
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59. What are commercial and trade accounts?
Answer
Correct Answer:
Companies like El Paso or Enron.
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60. What is the process of coal gasification?
Answer
Correct Answer:
The process of converting coal into gas.
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61. How is methane generated during coal formation?
Answer
Correct Answer:
It is contained in the coal microstructure
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62. What is co-firing?
Answer
Correct Answer:
The process of burning natural gas in conjunction with another fuel to reduce air pollutants.
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63. What is the purpose of odorizing natural gas?
Answer
Correct Answer:
So that leaks can be detected
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64. What is a circuit?
Answer
Correct Answer:
A conductor or a system of conductors through which electric current flows.
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65. What is the procedure that allows end users to resolve monthly or daily differences between actual nominations and actual usage called?
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66. What is the market for a cash commodity where the actual physical product is traded?
Answer
Correct Answer:
Cash Market
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67. What is the assignment or release of firm gas transportation rights to another party called?
Answer
Correct Answer:
Capacity Release
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68. What is the capacity charge?
Answer
Correct Answer:
An element in a two-part pricing method used in capacity transactions
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69. What is the capacity assignment?
Answer
Correct Answer:
The assignment of a specific right to firm transportation service on an interstate natural gas pipeline.
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70. What is the unit of measurement for capacity?
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71. How many days are in a calendar month?
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72. What does bypassing a utility company allow a retail customer to do?
Answer
Correct Answer:
Eliminate utility charges for distribution
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73. What does a buyer's market indicate?
Answer
Correct Answer:
There is an abundance of goods available
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74. What does it mean to take a long futures position?
Answer
Correct Answer:
To buy a contract to buy an asset at a fixed price at a future date
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75. What is the Burner Tip?
Answer
Correct Answer:
The point at which natural gas is used as a fuel.
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76. What is a Bull Market?
Answer
Correct Answer:
Market in which prices are rising.
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77. What is the definition of a "Bull"?
Answer
Correct Answer:
One who expects a rise in prices
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78. What is the term for all electric generating plants, transmission lines and equipment?
Answer
Correct Answer:
Bulk Power System
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79. What is the partial reduction of electrical voltage called when customer demand is higher than anticipated?
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80. A retail agent who buys and sells natural gas and/or power but takes title to the commodity in the transaction is known as?
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81. What is a boiler used for?
Answer
Correct Answer:
Generating steam for power, processing, or heating purposes
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82. What is a blackout?
Answer
Correct Answer:
Emergency loss of electricity through the failure of generation, transmission or distribution systems
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83. A bilateral agreement is a contract that is limited to two parties that...?
Answer
Correct Answer:
Trade with each other
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84. What is a bilateral agreement?
Answer
Correct Answer:
A contract that is limited exclusively to two parties that trade with each other
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85. What is a Bear Market?
Answer
Correct Answer:
Market in which prices are declining.
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86. What is the definition of a "bear"?
Answer
Correct Answer:
One who expects prices to decline.
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87. What does BCF stand for?
Answer
Correct Answer:
1 billion cubic feet
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88. What is the base load?
Answer
Correct Answer:
The minimum amount of electric power delivered or required over a given period of time at a steady rate.
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89. What is the base load plant?
Answer
Correct Answer:
A plant which is normally operated to take all or part of the minimum load of a system
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90. What is the base load capacity?
Answer
Correct Answer:
Electric generating equipment normally operated to serve loads on an around-the-clock basis.
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91. What is cushion gas?
Answer
Correct Answer:
Base gas required in a storage field to maintain sufficient pressure to keep the working gas recoverable.
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92. What is another name for "Base Gas"?
Answer
Correct Answer:
Cushion Gas
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93. In a state of backwardation, what happens to futures prices in the future months of delivery?
Answer
Correct Answer:
They are gradually lowered
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94. What is the meaning of "back month" in futures trading?
Answer
Correct Answer:
All contract months for futures contracts after the contract currently trading
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95. What is the definition of avoided cost?
Answer
Correct Answer:
Incurring.
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96. What does ATC stand for?
Answer
Correct Answer:
Available Transfer Capability
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97. What is the unit of measure for ATC?
Answer
Correct Answer:
Megawatts
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98. What is the definition of an Available But Not Needed Capability?
Answer
Correct Answer:
Net capability of generating units that are operable, but not considered necessary to carry load.
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99. The Arctic National Wildlife Refuse is located in:
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100. What is an aquifer?
Answer
Correct Answer:
A water bearing permeable rock formation that is capable of storing natural gas.
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101. What is the unit of measurement of electrical current produced in a circuit by 1 volt acting through a resistance of 1 ohm?
Answer
Correct Answer:
Ampere (amp)
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102. What does APPA stand for?
Answer
Correct Answer:
American Public Power Association
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103. What is the full form of "ARDDs"?
Answer
Correct Answer:
Alternate Receipt and Delivery Points
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104. What is an aggregator?
Answer
Correct Answer:
An entity responsible for planning, scheduling, accounting, billing, and settlement for energy deliveries
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105. What is a shipper who purchases released capacity rights from a releasing shipper called?
Answer
Correct Answer:
Acquiring Shipper
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Automotive Engineering, Vehicle Engineering MCQs | Topic-wise