Local electricity-generating company has a monopoly that is protected by an entry barrier that takes the form of?

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19-08-2022
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Local electricity-generating company has a monopoly that is protected by an entry barrier that takes the form of?

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nutanraj654 nutanraj654 · Answer 1 · 2022-08-25T09:35:10+02:00

A local electricity-generating company has a monopoly that is protected by an entry barrier that takes the form of economies of scale.

To generate electricity, a turbine generator set converts mechanical energy to electrical power. inside the cases of herbal gasoline, coal, nuclear fission, biomass, petroleum, geothermal, and solar thermal, the heat this is produced is used to create steam, which actions the blades of the turbine.

Hydropower is the greenest method of generating electricity due to the fact that 95 in keeping with cent of the strength of flowing water receives converted into energy—only 5 in line with cent of the energy is transformed into other kinds of power, which include heat.

It generates power thru fission, which is the method of splitting uranium atoms to produce energy. the warmth released by fission is used to create steam that spins a turbine to generate electricity without the damaging byproducts emitted by way of fossil fuels.

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