RESS

RESS is an acronym for renewable electricity support scheme. It replaces REFIT as Ireland’s mechanism for providing subsidy to renewable energy projects. Subsidies are, in effect, ‘auctioned’ off to whoever bids for the lowest level of subsidy to deliver a particular type of project.

Progressive Supranuclear Palsy

Progressive Supranuclear Palsy (PSP) is a neurological condition caused by the premature loss of nerve cells in certain parts of the brain. A protein called tau builds up in certain areas of the brain and forms into clumps (neurofibrillary tangles), which are believed to damage the nerve cells. Over a period of time, this can lead to difficulties […]

Distressed

Distressed investing involves taking control of or making a significant investment in a failing business and turning it around. This may involve injecting additional funding into the company.

B2C

B2C is an abbreviation for business-to-consumer – an expression used when companies are selling products direct to individual customers

Steam Methane Reforming

In steam-methane reforming, methane reacts with steam under 3–25 bar pressure (1 bar = 14.5 psi) in the presence of a catalyst to produce hydrogen, carbon monoxide, and a relatively small amount of carbon dioxide. Steam reforming is endothermic—that is, heat must be supplied to the process for the reaction to proceed.

Capacity market

The capacity market is a mechanism introduced by the UK Government to manage security of electricity supply in the UK and to safeguard against the possibility of blackouts. Capacity market participants are paid to ensure they are available to respond when there is a high risk that a system stress event could occur. Electricity suppliers […]

Topped-up net initial yield

Topped-up net initial yield is the current annualised rent, net of costs, topped up for contracted uplifts, expressed as a percentage of capital value.

Capture price

From our GCP note published on 1 July 2021: “However, where a renewable energy generator sells power in the spot market, it may not be able to obtain the baseload power price. Currently, it may often be the case that at times of peak renewable production, there is insufficient demand for the power generated. Consequently, […]

Amyotrophic Lateral Sclerosis

Amyotrophic Lateral Sclerosis (or ALS) is a progressive neurodegenerative disease that affects nerve cells in the brain and the spinal cord. A-myo-trophic comes from the Greek language. “A” means no. “Myo” refers to muscle, and “Trophic” means nourishment – “No muscle nourishment.” When a muscle has no nourishment, it “atrophies” or wastes away. “Lateral” identifies […]

RNA or Ribonucleic acid

Ribonucleic acid (RNA) is a polymeric molecule (see below) that is essential in various biological roles in coding, decoding, regulation and expression of genes. RNA and DNA (Deoxyribonucleic acid) are both nucleic acids. Nucleic acids, along with lipids, proteins, and carbohydrates, are the four major macromolecules that are essential for all known forms of life. […]

X-Linked Myotubular Myopathy

X-linked myotubular myopathy (XLMTM) is a rare genetic neuromuscular disorder that is characterized by muscle weakness that is most typically severe but can range from mild to profound. Common symptoms include mild to profound muscle weakness, diminished muscle tone (hypotonia or “floppiness”), feeding difficulties, and potentially severe breathing complications (respiratory distress). read more about it […]

Glossary

RESS