Tuesday, 27 September 2022, 12:19 PM
Site: Dark Energy Consulting
Course: Free Simple Glossary of Energy Trading terms (Simple Glossary)
Glossary: Free Simple Glossary of Energy Trading terms
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nick

Netting

by Nick Henfrey - Saturday, 9 May 2015, 7:14 AM
 

Netting is the aggregating and offsetting of multiple cash flows between counterparties to arrive at one, or a limited set of physical payments

For much more information please refer to the Detailed Glossary

nick

Nomination

by Nick Henfrey - Saturday, 9 May 2015, 7:14 AM
 

An electronic message sent to a third party detailing a transaction or requirement as part of a pre-existing agreement

Typically gas and power transactions are nominated to system and market operators

For much more information please refer to the Detailed Glossary

nick

Novation

by Nick Henfrey - Saturday, 9 May 2015, 7:14 AM
 

A generic legal term for transferring existing contracts from one legal entity to another

For much more information please refer to the Detailed Glossary