Free Simple Glossary of Energy Trading terms

A known future cash flow that has not been invoiced 

For much more information please refer to the Detailed Glossary

Accounts Payable/Accounts Receivable

Anything relating to these two departments, that is:

• receiving, checking and paying invoices (Accounts Payable)
• raising, sending and chasing payment of invoices (Accounts Receivable)

Often used to refer to invoices and invoiced cash flows

For much more information please refer to the Detailed Glossary

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

For much more information please refer to the Detailed Glossary

In energy trading terms an asset is something an organization owns that can physically provide, transform or move an energy commodity, such as a gas field, a power station, or a refinery

For much more information please refer to the Detailed Glossary

Auto Trade Capture is a capability in most trading organizations (and many have an application called ATC) that allows trades executed on an electronic trading platform (usually exchange or broker) to be automatically downloaded to our organization's ETRM

For much more information please refer to the Detailed Glossary

A type of contract in which the delivery period is the remainder of the current month

For much more information please refer to the Detailed Glossary

Term used in power (electricity) trading and operations to describe continuous delivery (24 hours a day, 365 days a year)

For much more information please refer to the Detailed Glossary

A set of indices used to price a trade

For much more information please refer to the Detailed Glossary

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

A Blotter is a traditional term for a form on which trade details are recorded by a trader as trades are executed

For much more information please refer to the Detailed Glossary