ENERGY Glossary
Letter O
OAPEC -- Acronym for Organization of Arab Petroleum
Exporting Countries founded in 1968 for cooperation in economic and petroleum
affairs. See OPEC.
OBLIGATION TO SERVE -- The
obligation of a utility to provide electric service to any customer
who seeks that service, and is willing to pay the rates set for that
service. Traditionally, utilities have assumed the obligation to serve in
return for an exclusive monopoly franchise.
OCEAN THERMAL GRADIENT
(OTG) -- Temperature differences between deep and surface water. Deep water is
likely to be 25 to 45 degrees Fahrenheit colder. The term also refers to experimental
technology that could use the temperature differences as a means to produce
energy.
OCCUPANCY SENSOR -- A control device that
senses the presence of a person in a given space, commonly used to control lighting
systems in buildings.
OCTANE -- A rating scale used to grade gasoline as to its
antiknock properties. Also any of several isometric liquid paraffin hydrocarbons,
C8H18. Normal octane is a colorless liquid found in petroleum boiling at 124.6
degrees Celsius.
OCTANE RATING -- A measure of a gasolineàs
resistance to exploding too early in the engine cycle, which causes knocking. The
higher the rating, the lower the chance of premature ignition.
OFFROAD -- Any nonstationary device, powered by an
internal combustion engine or motor, used primarily off the highways to propel,
move, or draw persons or property, and used in any of the following applications:
marine vessels, construction/farm equipment, locomotives, utility and lawn and
garden equipment, offroad motorcycles, and offhighway vehicles.
OHM --A unit of measure of electrical resistance. One volt can produce a current of
one ampere through a resistance of one ohm.
OIL SHALE -- A type of rock containing organic matter
that produces large amounts of oil when heated to high temperatures.
OLIGOPOLY -- A few sellers who exert
market control overprices.
OPEC -- Acronym for Organization of Petroleum Exporting
Countries founded in 1960 for unify and coordinate petroleum polices of the
members. Headquarters is in Vienna, Austria.
OPTIONS -- An option is a contractual
agreement that gives the holder the right to buy (call option) or sell
(put option) a fixed quantity of a security or commodity (for example,
a commodity or commodity futures contract), at a fixed price, within a
specified period of time. May either be standardized, exchange-traded,
and government regulated, or over-the-counter customized and
non-regulated.
ORIENTATION -- the position of a building relative
to the points of a compass.
ORIGINAL EQUIPMENT MANUFACTURER (OEM) -- refers to the manufacturers
of complete vehicles or heavyduty engines, as contrasted with remanufacturers,
converters, retrofitters, up-fitters, and repowering or rebuilding contractors who are
overhauling engines, adapting or converting vehicles or engines obtained from the
OEMs, or exchanging or rebuilding engines in existing vehicles.
OUTAGE (Electric utility) -- An interruption of electric
service that is temporary (minutes or hours) and affects a relatively small area
(buildings or city blocks). See
BLACKOUT.
OUTER CONTINENTAL SHELF
(OCS) -- The submerged lands extending from the out limit of the historic territorial
sea (typically three miles) to some undefined outer limit, usually a depth of 600 feet.
In the United States, this is the portion of the shelf under federal jurisdiction.
See CONTINENTAL
SHELF.
OUTSIDE AIR -- Air taken from outdoors and not
previously circulated through the HVAC system.
OVER GENERATION -- A condition that occurs when
total PX participant demand is less that or equal to the sum of regulatory
must-take generation, regulatory must-run generation, and reliability must-run
generation.
OVERHANG -- Any horizontal projection that serves
as a shading element for a window.
OXYGENATE -- a term used in the petroleum industry
to denote octane components containing hydrogen, carbon and oxygen in their
molecular structure. Includes ethers such as MTBE and ETBE and alcohols such as
ethanol or methanol. The oxygenate is a prime ingredient in reformulated gasoline.
The increased oxygen content given by oxygenates promotes more complete
combustion, thereby reducing tailpipe emissions.
OXIDES OF NITROGEN --
See NOx.
OZONE - A kind of oxygen that has three atoms per
molecule instead of the usual two. Ozone is a poisonous gas, but the ozone layer in
the upper atmosphere shields life on earth from deadly ultraviolet radiation from
space. The molecule contains three oxygen atoms (O3).
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Page Updated: February 10, 2003