Glossary

AIM
Alternative Investment Market operated by the London Stock Exchange
Alternative energy
Energy that is produced using biodegradable feedstock.
Base load
a base load power plant is one that provides a steady flow of power regardless of total power demand by the grid. These plants run at all times through the year except in the case of repairs or scheduled maintenance.
Biodiesel
A clean burning alternative fuel produced from domestic, renewable resources.
Biodiesel Blend
Pure biodiesel blended with petro diesel in varying proportions.
Bioenergy
Useful, renewable energy produced from organic matter.
Biopower
The use of biomass fuel to produce electric power.
B20
A biodiesel blend that is 20 percent (by volume) biodiesel and 80% petro diesel.
B99
Biodiesel blend that is 99 percent biodiesel and one percent petroleum diesel.
BTU
British Thermal Unit. The heating value that is released when fuel is burned.
Combined Cycle Power Plant
A power plant using a combination of gas and steam turbine cycles which allow for high efficiency power generation.
Cogeneration Power Plant
is an electricity producing facility with two sources with two avenues for production, biodiesel and by-product steam.
Dual fuel power plant
A power plant designed to run on natural gas and/or #2 diesel fuel.
Feedstock
base material required to produce biodiesel; sources include palm oil, canola oil, rape seed, soy bean, used cooking oil, and animal tallow.
Fossil fuels
are hydrocarbons, primarily coal, fuel oil or natural gas, formed from the remains of dead plants and animals.
Independent Power Producer
A privately owned company with electricity generating assets (power plants). The company generates power which is purchased by an electric grid operator or a large industrial consumer.
MW
One MW (which equal 1,000,000 watts) where watt is the unit of power equal to one joule per second.
Off take agreement
An agreement with another party to buy RPL's power.
PAH
Polyclyclic aromatic hydrocarbons are potential cancer killing compounds that are in emissions resulting from fuel burning. Burning biodiesel significantly reduces these emissions.
PPA
A power purchase agreement for the sale of electricity to a third party.
Renewable energy credit
A credit awarded to power producers who use renewable fuel to generate electricity.
Unburned Hydrocarbons and nitrous oxide
Ozone and smog precursors. Biodiesel use results in a substantial reduction of unburned hydrocarbons.