Free Simple Glossary of Energy Trading terms

Spread between the price of nuclear fuel and power

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Something physical or tangible that may be referenced by a contract or trade

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Usually used in the context of Natural Gas - an entry or exit point into a regional gas network or National Transmission System

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The difference in cost of achieving the same outcome through different means

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Something that behaves like something else but is not really that thing

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A generic legal term for transferring existing contracts from one legal entity to another

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Often used as a term for the Operational activities involved in gas and power

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When transmitting Electricity via Interconnector, some  of the power is lost and that's called Line Loss. For UK-FR interconnector line loss factor is 1.17%

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A general term used to describe an agreement in which one party (the toller) provides an input product to the other party, and the other party provides another product (usually derived from the input product) in return

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Flattening an open position to a net zero (or flat) position

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