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Platts, a division of The McGraw-Hill Companies
Industry: Energy
Number of terms: 2953
Number of blossaries: 0
Company Profile:
Platts is a global provider of news, research, commentary, market data and analysis, and daily price assessments on the oil, natural gas, electricity, nuclear power, coal, petrochemical, and metals markets. The company sells subscriptions to its content, which is offered through websites, ...
Energy exchanged between a reservoir owner and the owner of a downstream project. The agreement allows reservoir owners to retain water above a reservoir's energy content curve; however, owners of downstream projects may request release of such water.
Industry:Energy
The supply of electricity from one or more major receiving stations to the point of consumption. Energy is generally supplied at a voltage that can be directly used by large rotating machinery and step-down transformers are used to reduce the voltage for most commercial or residential utilization.
Industry:Energy
Periodic (monthly/quarterly/annual) price agreed between sellers and buyers of commodities for term business. Often abbreviated to CP. Most oil contract prices are "floating", that is they are tied to spot market assessments published by Platts or other market pricing services rather than set at outright levels.
Industry:Energy
A fee charged by a clearing house for clearing trades.
Industry:Energy
In the gas business, refers to the transfer of gas between pipelines. In the power business, refers to the transfer of electrons across transmission grids.
Industry:Energy
The process whereby the grantor of an option decides to buy or sell more or less of an underlying futures contract in order to protect against being declared upon by the options holder. If delta hedging, the grantor of a call option will buy more of the futures contract if it rises in value towards the strike price (as the probability of being declared upon rises towards 100%). The grantor of a put option will typically sell more of the underlying futures contract if it slides in value (as the probability of being declared upon rises towards 100%).
Industry:Energy
All the nuclear material required to being initial operation of a reactor.
Industry:Energy
One million watt-hours of electricity. A unit of electrical energy which equals one megawatt of power used for one hour.
Industry:Energy
Mixed xylenes used as gasoline blendstock. Made in an isomerization unit.
Industry:Energy
A process for recovering metals from low-grade ores by dissolving them in solution, the dissolution being aided by bacterial action.
Industry:Energy