Energy Market terms starting with G

5 terms

1. Gas turbine A type of turbine in which combusted, pressurized gas is directed against a series of blades connected to a shaft, which forces the shaft to turn to…
2. Generation The electricity generated by a system as recorded by a KWH meter, recorded in KWH or MWH.
3. Generator A device for converting mechanical energy to electrical energy.
4. Gigawatt (GW) A unit of power equal to 1 billion Watts; 1 million kilowatts, or 1,000 megawatts.
5. Globex (GW) The electronic trading platform for the Chicago Mercantile Exchange (CME). Since Sept.