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Concept
Capacity Factor
Capacity factor
is a measure of how often a
power plant
runs at its
maximum potential
over a
specific period
, reflecting its efficiency and reliability. It is crucial for assessing the performance and
economic viability
of
energy-generating facilities
, particularly in comparing different types of
power plant
s.
Relevant Fields:
Economics of Energy in General 100%
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Concept
Preemption
Preemption refers to the principle where a
higher authority's law
supersedes or overrides the
law of a lower authority
when there is a
conflict between the two
. It is often discussed in the context of
federal and
state law
in the United States, where
federal law
can preempt
state law
under the
Supremacy Clause
of the Constitution.
Concept
Reserved Powers
Reserved powers
refer to the
political authority
that a constitution allocates exclusively to
sub
national government
s, typically found in
federal systems
, allowing them to legislate and regulate within their borders on matters not explicitly delegated to the
national government
. In the United States, the
Tenth Amendment
explicitly acknowledges these powers, underscoring the
balance of power
between state and
federal governments
.
Concept
Preemption Doctrine
The
Preemption Doctrine
is a
principle of constitutional law
that allows
federal law
to supersede
state law
when both pertain to the same matter, based on the
Supremacy Clause
of the
U.S. Constitution
. This doctrine ensures uniformity and prevents
conflict between different levels of laws
, ensuring that
federal statutes
and treaties prevail over
conflicting state provisions
.
Concept
State Legislation
State legislation
refers to the
laws and regulations
enacted by
individual state governments
within a
federal system
to address
local issues
and exercise their
reserved powers
. This
legislative process
allows states to respond to the unique needs of their citizens while operating under the broader framework of the
federal Constitution
.
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