Financial liquidityAn entity’s ability to obtain funds to meet its cash flow obligations, with consideration for the speed with which such funds can be obtained.
Financial marketsMarkets where financially settled products (instruments) are traded (bought and sold).
Financial transactionA transaction that involves only the exchange of money, with no physical delivery.
Financial transmission rightA contract that entitles the holder to receive or pay compensation for transmission charges that arise when grid congestions cases price differences due…
Financially settledConsummated exclusively by an exchange of funds, without the potential of exchange – or actual exchange – of commodities or other things of value.
Firm transportationEnergy network service assuring market participants of a specified quality and quantity of service under normal operating conditions.
First Contingency Reliability CriteriaThe requirement that an electric system be planned and operated so that it can safely withstand the loss of the largest single system element (i.e.
Fixed price transactionsBuying or selling a commodity at a fixed price. For example, fixed physical gas prices are used to form indices at some locations; and fixed basis prices…
Floating price transactionsBuying or selling a commodity at a price that is not fixed and will be set by mutual agreement, usually based a published price index.
Floating StorageUse of LNG tanker ships for LNG storage, rather than simply for transportation, to take advantage of temporal and geographic LNG price differences.
Forward price curveThe set of prices of contracts for delivery of a good over a span of time in the future.
Fuel-adjustment clauseA provision of a power sales agreement or rate schedule that allows for the electricity price to be changed based on changes in the price of the fuel used…
Futures marketA market in which contracts for future delivery of a commodity or a security are bought and sold.