20 Terms
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Energy trade
Research, market data and analysis for energy trade.
Industry: Energy
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Energy trade
national balancing point
Energy; Energy trade
An imaginary point on the UK Transco pipeline through which all gas is deemed to flow, and about which all gas is balanced. NBP is the delivery point for the IPE’s natural gas futures contract.
exit fee
Energy; Energy trade
A fee that is paid by a customer leaving a utility network intended to compensate the utility in whole or part for the loss of fixed cost contribution from the exiting customer.
tolling fee
Energy; Energy trade
A fee paid for use of electric generation assets used to convert fuel to power.
take-or-pay
Energy; Energy trade
A clause in a gas supply contract which provides that a minimum quantity of gas be paid for, whether or not delivery is accepted by the purchaser. Most contracts contain a time period in which the ...
London interbank offered rate (LIBOR)
Energy; Energy trade
LIBORs are forward foreign exchange interest rates.
regassification point
Energy; Energy trade
A plant the accepts deliveries of liquefied natural gas (LNG) and processes it back to gaseous form for injection into the pipeline system.
