Energy Glossary

Inverter is a device that converts direct current (DC) into alternating current (AC). It is especially used in solar and wind power systems to convert the generated DC power into usable AC power.

It is the nominal point used to calculate losses in the Procedures and Principles for the Methodology to Calculate Coefficients of Loss, which was drawn up by the Authority and approved by its Board of Directors to come into effect.

Insulation refers to the coating applied in settings with specific materials to minimize energy loss. The insulation materials used in buildings save energy and prevent heat loss.

Natural resource where energy is obtained from the heat underground.

Geothermal energy is the thermal energy originating from the depths of the earth’s crust. This energy is utilized for generating power and providing heat, and serves as a sustainable energy source. For more information, please refer to our article “What is Geothermal Energy?”.

Energy unit representing an object’s kinetic energy.

Ratio of the actual production capacity of a power plant.

The tax imposed on carbon emissions to reduce carbon emissions.

It is the production or consumption values, which the balancing party (to which a reconciliation-based giving-receiving unit is attached) expects to realize the next day depending on their liabilities and the result of the day-ahead balancing, and which the said balancing party reports to the system operator at the beginning of the balancing energy market.