Free Simple Glossary of Energy Trading terms

Something that behaves like something else but is not really that thing

For much more information please refer to the Detailed Glossary

Volume is the measure of how much of something is involved in a trade

Volume = Quantity (but the term Volume is nearly always used in preference)

Hence in energy trading volume may have dimensions of energy, mass, weight or volume

For much more information please refer to the Detailed Glossary

Weighted Average Price (WAP) is the average price over a series of individually priced volumes

For much more information please refer to the Detailed Glossary

Term used to describe transferring natural gas from a storage facility into a transmission network

For much more information please refer to the Detailed Glossary