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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, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Natural Gas
Natural gas (also called fossil gas or simply gas) is a naturally occurring mixture of gaseous hydrocarbons consisting primarily of methane in addition to various smaller amounts of other higher alkanes. Low levels of trace gases like carbon dioxide, nitrogen, hydrogen sulfide, and helium are also usually present. Natural gas is colorless and odorless, so odorizers such as mercaptan (which smells like sulfur or rotten eggs) are commonly added to natural gas supplies for safety so that leaks can be readily detected. Natural gas is a fossil fuel and non-renewable resource that is formed when layers of organic matter (primarily marine microorganisms) decompose under anaerobic conditions and are subjected to intense heat and pressure underground over millions of years. The energy that the decayed organisms originally obtained from the sun via photosynthesis is stored as chemical energy within the molecules of methane and other hydrocarbons. Natural gas can be burned for he ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PEG TIGF (France)
PEG or peg may refer to: Devices * Clothes peg, a fastener used to hang up clothes for drying * Tent peg, a spike driven into the ground for holding a tent to the ground * Tuning peg, used to hold a string in the pegbox of a stringed instrument * Piton, a metal spike that is driven into rock to aid climbing * PEG tube, a medical device, that is, a percutaneous endoscopic gastrostomy tube * Foot peg, a place to put one's foot on a vehicle such as a motorcycle Science and computing * Peg (unit), a measure used in preparing alcohol, from 1 to 2 fluid ounces * Pegasus (constellation), a constellation named after Pegasus * Percutaneous endoscopic gastrostomy, a medical procedure * Polyethylene glycol, a chemical polymer ** Macrogol, the name for polyethylene glycol in pharmaceutical contexts * Parsing expression grammar, a type of formal grammar used in mathematics and computer science * PCI Express Graphics adapter, an abbreviation commonly used in BIOS settings Recreation * ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trading Region South
Trade involves the transfer of goods and services from one person or entity to another, often in exchange for money. Economists refer to a system or network that allows trade as a market. An early form of trade, barter, saw the direct exchange of goods and services for other goods and services, i.e. trading things without the use of money. Modern traders generally negotiate through a medium of exchange, such as money. As a result, buying can be separated from selling, or earning. The invention of money (and letter of credit, paper money, and non-physical money) greatly simplified and promoted trade. Trade between two traders is called bilateral trade, while trade involving more than two traders is called multilateral trade. In one modern view, trade exists due to specialization and the division of labour, a predominant form of economic activity in which individuals and groups concentrate on a small aspect of production, but use their output in trades for other products a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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) ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
