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 descending Sort chronologically: By last update | By creation date
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 | ||
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 | ||
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 | ||
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 | ||
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 | ||
P&L atttribution | ||
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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 | ||
Upstream | ||
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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 | ||
Megawatt hour | ||
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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 | ||
Megawatt | ||
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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 | ||
Clearing Broker | ||
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An organization that acts as an intermediary wishing to trade on an Exchange For much more information please refer to the Detailed Glossary | ||