This arcane designation was assigned to the technology by the Institute of Electrical and Electronics Engineers, a global organization that sets standards for many of the technologies we use in daily life.

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Also known as service agreements, extended warranties will pay out for repairs, replacements and sometimes damage to electrical appliances such as cookers, washing machines or television sets.

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The electricity generated by a micro-wind turbine is transmitted and stored in a battery before being used to drive home electrical appliances such as lights, LCD monitors and TV sets.

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