Thursday, 25 April 2024, 8:59 AM
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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Netting | ||
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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 |
Nomination | ||
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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 |
Novation | ||
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A generic legal term for transferring existing contracts from one legal entity to another For much more information please refer to the Detailed Glossary |