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Power & Energy Efficiency – Using heat (Kelvin)?

A power plant taps steam superheated by geothermal energy to 505 K (the temperature of the hot reservoir) and uses the steam to do the work in turning the turbine of an electric generator. The steam is then converted back into water in a condenser at 323 K (the temperature of the cold reservoir), after which the water is pumped back down into the ground where it is heated again. The output power of the generator is 84 MW. Calculate:

1) The maximum efficiency at which this plant can operate
2) The minimum amount of rejected heat (in MJ) that must be removed from the condenser every 24 hours
3) Express your answer to (2) in TJ and in PJ.

(Quick question – what would TJ and PJ mean? Terra joules and Peta joules or something?