Asked by Diego Lopez on Jul 21, 2024
Verified
Moving Water Around
The San Diablo dam has electricity generating turbines on a chute that connects lower and upper reservoirs.During the day,water is drained from the upper reservoir to the lower to produce electricity.But at night,electricity is used to pump the water back up to the upper reservoir.Since the water is just going back and forth,how can wealth be generated?
Electricity Generating
Electricity generating encompasses the processes and technologies used to produce electrical energy from various energy sources.
Upper Reservoir
An upper reservoir typically refers to the higher storage area in a pumped-storage hydroelectric plant where water is stored during low demand and released to generate electricity when demand is high.
- Recognize the processes by which economic policies and actions lead to the production or depletion of wealth.
- Understand the underlying principles that govern the distribution of resources and their impact on wealth creation or depletion.
Verified Answer
NG
Nardia GreenwoodJul 27, 2024
Final Answer :
Peak demand for electricity is during the day when but the system has excess capacity at night.This makes electricity expensive to produce during peak times during the day but cheap to produce at night.The system uses the excess capacity to move the water uphill at night,so that it can meet peak demand during the day.In the morning,the water has a higher value at the top than at the bottom.
Learning Objectives
- Recognize the processes by which economic policies and actions lead to the production or depletion of wealth.
- Understand the underlying principles that govern the distribution of resources and their impact on wealth creation or depletion.