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PEG Nord (France)
The Gas exchange point - North (Point d'échange de gaz – Nord), commonly referred to as PEG Nord, is one of 3 virtual trading locations for the sale, purchase and exchange of natural gas and LNG in France. It is one of the pricing and delivery points for Powernext natural gas futures contracts. It is the sixth most liquid gas trading point in Europe. Gas at the PEG Nord is traded on the Powernext exchange. History PEG Nord is one of the 3 current Virtual trading point (or trading hubs) and balancing areas for Gas in France and was created in 2004 and rationalised in 2009. Ownership PEG Nord belongs to GDF Suez via its subsidiary GRTgaz. Interconnections PEG Nord is connected to: * PEG Sud (France) *Zeebrugge Hub * NetConnect Germany * Fluxswiss *Gassco Gassco is a Norwegian state owned company that operates of natural gas pipes transporting annually of 100 billion cubic meter (bcm) of natural gas from the Norwegian continental shelf to Continental Europe and Great Bri ...
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Powernext
Powernext SA, incorporated in 2001, is a regulated market operating under AMF supervision. Based in Paris, Powernext manages the natural gas activities of the EEX Group under the PEGAS brand throughout Europe, and operates the National Registry for electricity guarantees of origin in France. As of 1 January 2016, the European Energy Exchange (EEX) is the majority shareholder with 87.73 percent of the Powernext shares. A decree by the French Ministry of Ecology, Sustainable Development and Energy, published on 15 January 2013 in the Official Journal, appointed Powernext as the National Registry for electricity guarantees of origin in France. Powernext succeeded RTE as the guarantee of origin issuing body on 1 May 2013 for a five-year term. External links {{Portal, France, Energy Official website Electric power exchanges in Europe Energy companies of France 2001 establishments in France Electric power in France ...
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Futures Contract
In finance, a futures contract (sometimes called a futures) is a standardized legal contract to buy or sell something at a predetermined price for delivery at a specified time in the future, between parties not yet known to each other. The asset transacted is usually a commodity or financial instrument. The predetermined price of the contract is known as the ''forward price''. The specified time in the future when delivery and payment occur is known as the ''delivery date''. Because it derives its value from the value of the underlying asset, a futures contract is a derivative. Contracts are traded at futures exchanges, which act as a marketplace between buyers and sellers. The buyer of a contract is said to be the long position holder and the selling party is said to be the short position holder. As both parties risk their counter-party reneging if the price goes against them, the contract may involve both parties lodging as security a margin of the value of the contract wi ...
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Market Liquidity
In business, economics or investment, market liquidity is a market's feature whereby an individual or firm can quickly purchase or sell an asset without causing a drastic change in the asset's price. Liquidity involves the trade-off between the price at which an asset can be sold, and how quickly it can be sold. In a liquid market, the trade-off is mild: one can sell quickly without having to accept a significantly lower price. In a relatively illiquid market, an asset must be discounted in order to sell quickly. Money, or cash, is the most liquid asset because it can be exchanged for goods and services instantly at face value. Overview A liquid asset has some or all of the following features: It can be sold rapidly, with minimal loss of value, anytime within market hours. The essential characteristic of a liquid market is that there are always ready and willing buyers and sellers. It is similar to, but distinct from, market depth, which relates to the trade-off between qua ...
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Virtual Trading Point
A virtual trading point is a non-physical hub for trading in natural gas markets, for which "there is a virtual trading point (VTP) for each market area, representing all entry and exit points in that market area."Thorsten Koch, Benjamin Hiller, Marc E. Pfetsch, ''Evaluating Gas Network Capacities'', 2015, Page 51. Examples * National Balancing Point (UK) * Title Transfer Facility (Netherlands) * Zeebrugge Hub (Belgium) * PEG Nord (France) * PEG Sud (France) before April 1, 2015 * PEG TIGF (France) before April 1, 2015 * TRS (France) since April 1st, 2015 * MS-ATR (Spain) * Punto di Scambio Virtuale (Italy) * Gaspool (Germany) * NetConnect Germany (Germany) * Central European Gas Hub (Austria) See also * Henry Hub The Henry Hub is a distribution hub on the natural gas pipeline system in Erath, Louisiana, owned by Sabine Pipe Line LLC, a subsidiary of EnLink Midstream Partners LP who purchased the asset from Chevron Corporation in 2014. Due to its importance ... (USA) ...
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GDF Suez
Engie SA is a French multinational utility company, headquartered in La Défense, Courbevoie, which operates in the fields of energy transition, electricity generation and distribution, natural gas, nuclear, renewable energy and petroleum. It is one of the few players in the sector to develop expert skills in both upstream (engineering, purchasing, operation, maintenance) and downstream (waste management, dismantling) activities. Engie supplies electricity in 27 countries in Europe and 48 countries worldwide. The company, formed on 22 July 2008 by the merger of Gaz de France and Suez, traces its origins to the Universal Suez Canal Company founded in 1858 to construct the Suez Canal. As of 2018, Engie employed 158,505 people worldwide with revenues of €60.6 billion. Engie is listed on the Euronext exchanges in Paris and Brussels and is a constituent of the CAC 40 index. Engie was headed from 2016 to 2020 by Isabelle Kocher, who strongly transformed the company, n ...
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GRTgaz
GRTgaz is a French natural gas transmission system operator located in Bois-Colombes, Île de France, France. The operated system consists of high pressure gas pipelines with pressure exceeding . Status GRTgaz is a public limited company, a subsidiary of the industrial group ENGIE (formerly Gaz de France). It was created on 1 January 2005 in application of European directives on the European electricity and gas market. GRTgaz operates in the regulated energy sector: this means that the rates it charges for its services are public and set by the Government. Its activities are monitored by the Energy Regulatory Commission (CRE). Its board of directors is made up of representatives of the Government and of personnel, independent directors and representatives of the ENGIE Group. Thierry Trouvé has been CEO of the company from April 26, 2013, taking over from Philippe Boucly. Even though the GRTgaz activity is a natural monopoly, the company does not manage all natural gas transmis ...
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PEG Sud (France)
The Gas exchange point - South (Point d'échange de gaz – Sud), commonly referred to as PEG Sud, was one of 3 virtual trading locations for the sale, purchase and exchange of natural gas and LNG in France. It was one of the pricing and delivery points for Powernext natural gas futures contracts. Gas at the PEG Nord is traded on the Powernext exchange. On April 1, 2015, it was merged with PEG TIGF (France) into the TRS ( Trading Region South). History PEG Sud was one of the 3 virtual trading points (VTPs or trading hubs) and balancing areas for gas in France and was created in 2004 and rationalised in 2009. It covered the southern half of France except the south west region which was covered by PEG TIGF. Ownership PEG Sud belonged to GDF Suez via its subsidiary GRTgaz. Interconnections PEG Sud was connected to: *PEG Nord (France) The Gas exchange point - North (Point d'échange de gaz – Nord), commonly referred to as PEG Nord, is one of 3 virtual trading locations for the sale, ...
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Zeebrugge Hub
The Zeebrugge Hub is the natural gas physical trading point in Zeebrugge, Belgium. It is connected to the National Balancing Point (UK) via the Interconnector An interconnector (also known as a DC tie in the USA) is a structure which enables high voltage DC electricity to flow between electrical grids. An electrical interconnector allows electricity to flow between separate AC networks, or to link sy .... References See also Glossary of terms used in the trading of oil and gas,utilities and mining commodities Natural gas trading hubs Natural gas in Belgium Zeebrugge {{energy-stub ...
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NetConnect Germany
The Internet in South Africa, one of the most technologically resourced countries on the African continent, is expanding. The Internet country code top-level domain (ccTLD) .za is managed and regulated by the .za Domain Name Authority (.ZADNA) and was granted to South Africa by the Internet Corporation for Assigned Names and Numbers (ICANN) in 1990. Over 60% of Internet traffic generated on the African continent originates from South Africa. As of 2020, 41.5 million people (70.00% of the total population) were Internet users. History The first South African IP address was granted to Rhodes University in 1988. On 12 November 1991, the first IP connection was made between Rhodes' computing centre and the home of Randy Bush in Portland, Oregon. By November 1991, South African universities were connected through UNINET to the Internet. Commercial Internet access for businesses and private use began in June 1992 with the registration of the firs.co.za subdomain The African Natio ...
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Gassco
Gassco is a Norwegian state owned company that operates of natural gas pipes transporting annually of 100 billion cubic meter (bcm) of natural gas from the Norwegian continental shelf to Continental Europe and Great Britain. 15% of the total consumption of natural gas in Continental Europe is distributed through Gassco. The actual ownership of the pipelines is organised through Gassled, owned by the petroleum companies in the North Sea, including Equinor, Petoro, ConocoPhillips, Eni, ExxonMobil, Norsea Gas, Shell, Total and DONG Energy Dong or DONG may refer to: Places * Dong Lake, or East Lake, a lake in China * Dong, Arunachal Pradesh, a village in India * Dong (administrative division) (동 or 洞), a neighborhood division in Korea Persons * Queen Dong (1623–1681), pri .... Though Gassled has a board, it has no employees or operations. History Gassco was founded by the Ministry of Petroleum and Energy (MPE) on 14 May 2001, and took over the operatorship of ...
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Montoir
Montoir-de-Bretagne (, literally ''Montoir of Brittany''; br, Mouster-al-Loc'h) is a commune in the Loire-Atlantique department in western France. Population The population data given in the table below refer to the commune of Montoir-de-Bretagne in its geography at the given years. In 1913 the commune of Trignac was created from part of Montoir-de-Bretagne, in 1925 Saint-Malo-de-Guersac was created from part of Montoir-de-Bretagne. See also * Brière * Communes of the Loire-Atlantique department The following is a list of the 207 communes of the Loire-Atlantique department of France. The communes cooperate in the following intercommunalities (as of 2020):Communes of Loire-Atlantique {{LoireAtlantique-geo-stub ...
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