Dark Energy Consulting
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Free Simple Glossary of Energy Trading terms
For more detailed explanations try the Detailed Glossary
Currently sorted By creation date ascending Sort chronologically: By last update | By creation date
Discounting | ||
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Calculation of the present day value of a cash flow that will or might occur at some time in the future For much more information please refer to the Detailed Glossary | ||
Interconnector | ||
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A gas or power connection between two different locations Usually used to flow gas or power from a lower priced location to a higher priced location For much more information please refer to the Detailed Glossary | ||
Weighted Average Price | ||
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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 | ||
Prompt | ||
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A term generally used in gas and power trading for trades that deliver in the near future For much more information please refer to the Detailed Glossary | ||
Front Month | ||
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The earliest tradable month of a particular contract - normally a Futures contract For much more information please refer to the Detailed Glossary | ||
Maturity | ||
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Generally a financial trading term used sometimes in the commodities trading market to mean the expiry or expiration date - particularly futures contracts For much more information please refer to the Detailed Glossary | ||
Balance of Month | ||
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A type of contract in which the delivery period is the remainder of the current month For much more information please refer to the Detailed Glossary | ||
Day Ahead | ||
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Trading and pricing for delivery the next day For much more information please refer to the Detailed Glossary | ||
Baseload | ||
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Term used in power (electricity) trading and operations to describe continuous delivery (24 hours a day, 365 days a year) 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 | ||