Energy Market terms starting with W

5 terms

1. Watt (W) The unit of electrical power equal to 1 ampere under a pressure of one volt. A Watt is equal to 1/746 horsepower.
2. Watthour (Wh) The electrical energy unit of measure equal to 1 watt of power supplied to, or taken from, an electric circuit steadily for one hour.
3. West Texas Intermediate (WTI) Also known as Texas Sweet Light, is a type of crude oil used as a benchmark in oil pricing and the underlying commodity of New York Mercantile Exchange's…
4. Wholesale electricity markets The purchase and sale of electricity from generators to resellers (who sell to retail customers) along with the ancillary services needed to maintain…
5. Winter heating season The November 1 through March 31 period, during which most natural gas use for space heating takes place.