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Platts, a division of The McGraw-Hill Companies
Settore: Energy
Number of terms: 2952
Number of blossaries: 0
Company Profile:
Platts is a global provider of news, research, commentary, market data and analysis, and daily price assessments on the oil, natural gas, electricity, nuclear power, coal, petrochemical, and metals markets. The company sells subscriptions to its content, which is offered through websites, ...
In a nuclear power plant, the disposable energy which could have been generated during a period, expressed as a percentage of the energy which could have been produced by a continuous power rate during the same period – essentially relates to the time a reactor spends off line owing to planned outages or unplanned stoppages.
Industry:Energy
A pricing mechanism based on dividing the total cost of providing electricity incurred in a period by the number MWh (wholesale) and kWh (retail) sold in the same period.
Industry:Energy
A market where the price for nearby delivery is higher than for further forward months. The opposite of backwardation is contango.
Industry:Energy
Power plant, usually embedded, which produces both electric and thermal energy in the form of steam. See cogeneration.
Industry:Energy
Brent cargoes are known as dated brent cargoes once they acquire a specific set of loading dates, usually at a point about two weeks from loading. Before this point, brent cargoes are typically traded generically as so-called 15-day brent. The dated brent market, which Platts assesses on a 7-15 day forward basis (7-17 days on a Friday), generates prices which have become a key benchmark for contract pricing of crude oil worldwide.
Industry:Energy
Refining process to break large molecules into smaller ones. Principal cracking techniques are: : Thermal cracking: Heating of hydrocarbons to very high temperatures, usually above 450ý C. Thermal cracking is no longer widely used, except in: : Visbreaking: Thermal cracking of viscous crude residues to make fuel oil, and in: : Delayed Coking: Thermal cracking of atmospheric/vacuum residues to make electrode grade coke. : Catalytic cracking: Cracking using catalysts to enhance molecule breaking, particularly in the production of high octane gasoline. : Hydrocracking: While thermal and catalytic cracking produce shorter hydrocarbon molecules largely by disposing of the excess carbon atoms, hydrocracking inserts hydrogen atoms to achieve the same effect. : Steam cracking: A petrochemical process which produces olefins, particularly ethylene, and, in some cases, aromatics. Similar to thermal cracking : Co-Cracking: A petrochemical process in which the c4 stream from an ethylene plant is recycled into the feedstock.
Industry:Energy
Degree days are measured as the number of degrees above or below a standardized temperature on any given day. In winter, US traders track heating degree days week by week, or month by month, normally against a standard temperature of 65F, on the basis of how many degrees of heat are required to bring municipal office buildings up to this temperature. Five days of heating by 2 degrees, for example, equals 10 heating degree days. In summer, the market tracks cooling degree days.
Industry:Energy
A competent national body set up in most Kyoto Protocol signatory countries to provide approval for CDM projects.
Industry:Energy
A treaty of 163 countries, created in 1997. It requires 35 industrialized countries to reduce emissions of six greenhouse gases by at least 5% overall from 1990 levels by 2008-2012. Kyoto entered into force February 16, 2005.
Industry:Energy
Material which can be converted into fissile material by the capture of a neutron. Sometimes referred to as source or breeder material, examples include uranium-238 and thorium-232.
Industry:Energy