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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V |
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Virtual | ||
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Something that behaves like something else but is not really that thing For much more information please refer to the Detailed Glossary | ||
Volume | ||
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Volume is the measure of how much of something is involved in a trade Volume = Quantity (but the term Volume is nearly always used in preference) Hence in energy trading volume may have dimensions of energy, mass, weight or volume For much more information please refer to the Detailed Glossary | ||
W |
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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 | ||
Withdrawal | ||
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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 | ||