Dark Energy Consulting
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Free Simple Glossary of Energy Trading terms
For more detailed explanations try the Detailed Glossary
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Clean Spark Spread | ||
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A clean spark spread is the spread between the value of power (electricity) on the one hand and the value of the gas needed to generate that power, and any associated carbon costs of generation For much more information please refer to the Detailed Glossary | ||
Offer | ||
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An Offer is a type of Order; a trader offers to sell a product or commodity at the Offer price For much more information please refer to the Detailed Glossary | ||
Bid | ||
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A Bid is a type of Order; a trader bids to buy a product or commodity at the Bid price For much more information please refer to the Detailed Glossary | ||
Party | ||
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A party is an organization, or part of an organization, which is legally involved in a trade For much more information please refer to the Detailed Glossary | ||
Delivery | ||
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Physically settled trades have a delivery time or period specified in the terms (details) of the trade Delivery is the physical act of delivery of the traded commodity at the location and time specified in the trade details For much more information please refer to the Detailed Glossary | ||
Market Maker | ||
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A market maker quotes prices at which they are prepared to buy or sell a commodity - usually on an Exchange or with a broker For much more information please refer to the Detailed Glossary | ||
Location | ||
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Location is one of the key dimensional attributes of all physically settled, and many financially settled, trades For much more information please refer to the Detailed Glossary | ||
Speculative Trading | ||
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Speculative trading, also known as proprietary or spec. trading, is the trading of commodities with the intent of making a profit with no intent to make or take delivery of those commodities For much more information please refer to the Detailed Glossary | ||
Portfolio | ||
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A group of trades For much more information please refer to the Detailed Glossary | ||
Position | ||
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All physically settled derivatives imply either an obligation to deliver, or take delivery of, a commodity at a location at some time in the future The obligation to deliver a commodity is called a short position of that commodity at that location and time in the future The obligation to take delivery of a commodity is called a long position of that commodity at that location and time in the future For much more information please refer to the Detailed Glossary | ||