Results for tag: "Captive Power"

Captive Power is a term used to describe electricity generated by a company or organization for its own use. It is typically generated from a dedicated power plant, which is owned and operated by the company or organization. Captive Power is often used to supplement or replace electricity purchased from the grid. It is often used in industries such as manufacturing, mining, and oil and gas, where a reliable and consistent supply of electricity is essential. Captive Power plants can be powered by a variety of sources, including coal, natural gas, biomass, and renewable energy sources such as solar and wind. Captive Power plants are often designed to be more efficient than grid-supplied electricity, and can provide cost savings to companies and organizations. Some companies in the Captive Power market include Siemens, GE, ABB, and Mitsubishi. Show Less Read more