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- See Combustion turbine.
- Browse Related Terms: British thermal unit (Btu), Cooling degree days (CDD), Gas turbine, Heating degree days (HDD), Injection season, Liquefied natural gas (LNG), Natural Gas, Sendout, Winter heating season
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The act of producing electrical energy from other forms of energy (such as thermal, mechanical, chemical or nuclear); also, the amount of electric energy produced, usually expressed in kilowatthours (KWh) or megawatthours (MWh).
- Browse Related Terms: Bus, Coalbed methane, Combined-cycle generators, Combined-cycle power plant, Combustion turbine, Distillate fuel oil, Dual-fueled (or dual-fired) unit, Generation, Generator, Heat rate, Merchant generator, Residual fuel oil, Steam plant, Turbine, Unconventional natural gas
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An electrical device used to convert mechanical energy to electrical energy. The generator moves a conductor through a magnetic field and directs the current produced by the induced voltage to an external electric circuit.
- Browse Related Terms: Bus, Coalbed methane, Combined-cycle generators, Combined-cycle power plant, Combustion turbine, Distillate fuel oil, Dual-fueled (or dual-fired) unit, Generation, Generator, Heat rate, Merchant generator, Residual fuel oil, Steam plant, Turbine, Unconventional natural gas
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1 billion watts, the same as 1,000 Megawatts, or 1 million kilowatts.
- Browse Related Terms: Demand, Gigawatt (GW), Kilowatt (kW), Kilowatthour (kWh), Losses, Megawatt (MW), Megawatthour (MWh), Off-Peak, Tolling agreement, Watt (W), Watthour (Wh)
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The electronic trading platform for the Chicago Mercantile Exchange (CME). Since Sept. 5, 2006, electronic executions for Nymex have run on CME’s Globex simultaneously with Nymex trading.
- Browse Related Terms: Bilateral transaction, Centralized Exchange, Counterparty, Credit clearing, Credit score, Globex (GW), New York Mercantile Exchange (Nymex), Nymex ClearPort, Ring-fencing, Safe harbor, Transaction costs