- Industry: Energy
- Number of terms: 2953
- 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, ...
The engine, turbine, water wheel or similar machine that drives an electric generator; or, for reporting purposes, a device that converts energy to electricity.
Industry:Energy
The standard Platts abbreviation is mt. A tonne, or metric ton, sometimes tautologically referred to as a metric tonne, is defined as the weight of one cubic meter of water. Rough-and-ready barrel-tonne conversion factor is 7. 33 barrels of crude to one tonne, but obviously depends on the specific gravity of the crude.
Industry:Energy
A plant normally operated to take all or part of the minimum continuous load of a system, and which consequently produces electricity at an essentially constant rate. A base load plant typically has relatively high fixed costs and low unit operating costs. Traditionally, nuclear plants have been considered as base load plants.
Industry:Energy
The value to an option holder if (s)he were to exercise an option today.
Industry:Energy
Plastics made from monomers. The most common include widely traded plastics like polyethylene, polypropylene and polystyrene.
Industry:Energy
The difference between two prices, either across time or between commodities or instruments.
Industry:Energy
A rate for electric transmission that does not vary according to distance from the source of the power supply. So-called because postage stamps for letters are typically at a fixed price, regardless of destination.
Industry:Energy
Material which has come straight from an atmospheric distillation unit and has not been cracked or reformed, and which is usually used as a feedstock or as a utility fuel.
Industry:Energy
The production of electricity from plants that convert heat energy into electrical energy. The heat in thermal plants can be produced from a number of sources such as coal, oil, gas or nuclear fuel.
Industry:Energy
