The merit order is a way of ranking available sources of energy, especially electrical generation, in ascending order of their short-run marginal costs of production, so that those with the lowest marginal costs are the first ones to be brought online to meet demand, and the plants with the highest marginal costs are the last to be brought on line.
Read more about Merit Order: The Merit Order in The British Electricity Market, The Effect of Renewable Energy On Merit Order, The Effect of Intermittency On Merit Order
Famous quotes containing the words merit and/or order:
“One merit in Carlyle, let the subject be what it may, is the freedom of prospect he allows, the entire absence of cant and dogma. He removes many cartloads of rubbish, and leaves open a broad highway. His writings are all unfenced on the side of the future and the possible. Though he does but inadvertently direct our eyes to the open heavens, nevertheless he lets us wander broadly underneath, and shows them to us reflected in innumerable pools and lakes.”
—Henry David Thoreau (1817–1862)
“Life does not need to mutilate itself in order to be pure.”
—Simone Weil (1909–1943)