Energy Market terms starting with T

9 terms

1. Therm A unit of heat containing 100,000 British thermal units (Btu).
2. Time-of-use pricing A rate design imposing higher charges to customers during periods of the day when higher demand is experienced.
3. Tolling agreement An agreement whereby a party moves fuel to a power generator and receives kilowatt hours (kWh) in return for pre-established fees.
4. Transaction costs Costs, such as commissions and spreads, incurred when buying or selling assets. Large bid-ask spreads are an indication of high transaction costs.
5. Transmission To cause spread of germs.
6. Transmission loading relief (TLR) A NERC procedure that allows reliability coordinators to curtail transactions (among other actions) to mitigate potential or actual operating security…
7. Transparency Transparency is a measure of how much information you have about the markets where you invest, the corporations whose stocks or bonds you buy, or the…
8. Turbine A device for converting the flow of a fluid (air, steam, water, or hot gases) into mechanical motion.
9. Two-settlement system A system under which the price for electricity on any given day is established and settled both on a day-ahead and a real-time basis.