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Mastering the Commodities Markets by Francesca Taylor

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MEASUREMENTS OF ELECTRICITY

Electricity is measured in watts (named after the Scottish mechanical engineer James Watt). Shown in Table 6.1 are the units in common usage.

Table 6.1

tab6.1

Table 6.2 shows the approximate cost to generate power across a range of renewable energy sources.

Table 6.2 Cost of generating power

tab6.2

Source: REN 21, Renewables 2011 Global Status Report

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