Order of Merit "KMS", and the Order of Artistic Merit for Knights of Merit in Art, with the post-nominal letters "KMA". However, Sir Frederic Leighton, President of the Royal Academy, advised against the new order, primarily because of its selection process. Victoria's son, King Edward VII, eventually founded the Order of Merit on 26 June 1902 (the date for which his coronation had been originally planned) as a means to acknowledge "exceptionally meritorious service in Our Navy and Our Army, or who may have rendered exceptionally meritorious service towards the advancement of Art, Literature and Science". All modern aspects of the order were
Merit order Merit order The merit order is a way of ranking available sources of energy, especially electrical generation, based on ascending order of price (which may reflect the order of their short-run marginal costs of production) together with amount of energy that will be generated. In a centralized management, the ranking is so that those with the lowest marginal costs are the first ones to be brought online to meet demand, and the plants with the highest marginal costs are the last to be brought on line. Dispatching generation in this way minimizes the cost of production of electricity. Sometimes generating