Dark Energy Consulting
Current course
Free Simple Glossary of Energy Trading terms
For more detailed explanations try the Detailed Glossary
Currently sorted By last update ascending Sort chronologically: By last update | By creation date
Give Up | ||
---|---|---|
A give up is an OTC trade - usually a forward - given up to an Exchange for clearing For much more information please refer to the Detailed Glossary | ||
Injection | ||
---|---|---|
Term used to describe transferring natural gas from a transmission network into a storage facility For much more information please refer to the Detailed Glossary | ||
Withdrawal | ||
---|---|---|
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 | ||
Clearing House | ||
---|---|---|
An organization that manages the clearing for an Exchange For much more information please refer to the Detailed Glossary | ||
Clearing Broker | ||
---|---|---|
An organization that acts as an intermediary wishing to trade on an Exchange For much more information please refer to the Detailed Glossary | ||
Megawatt | ||
---|---|---|
A Megawatt is a measure of energy per unit time
Abbreviation is MW Not to be confused with MWh For much more information please refer to the Detailed Glossary | ||
Megawatt hour | ||
---|---|---|
A measure of energy - abbreviated to MWh Equivalent to one Megawatt of power flowing for one hour For much more information please refer to the Detailed Glossary | ||
Upstream | ||
---|---|---|
A term principally used in oil and gas context - covering the search for new reserves, exploratory activities, construction of new extraction facilities, and the running of those facilities For much more information please refer to the Detailed Glossary | ||
P&L atttribution | ||
---|---|---|
Let's say we added up the P&L of all our trades today, and then did the same tomorrow - the two values would probably be different - but why? Some reasons:
P&L attribution calculates the change in P&L for each of the above individually - and any other factors - so that the effect of each cause may be understood For much more information please refer to the Detailed Glossary | ||
Discounting | ||
---|---|---|
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 | ||