Glossary
E.ON's energy and financial terms.
A process for fossil-fuel-fired generating units in which carbon dioxide is separated and stored, usually in underground storage facilities. It is considered a possible way to mitigate the greenhouse effect.
A colorless, odorless gas that at very low concentrations is a natural component of air. It is formed by the combustion of carbonaceous matter.
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A Kyoto Protocol mechanism under which an Annex 1 country invests in a project to reduce greenhouse gas emissions in a non-Annex 1 country. The resulting emissions reduction is credited to the Annex 1 country.
EU-wide emissions trading scheme designed to enable the Community to meet its greenhouse-gas emission-reduction targets under the Kyoto Protocol. Energy production and energy-intensive industrial facilities with more than 20 megawatts of installed capacity must demonstrate that they have allowances commensurate with their CO2 emissions. EU member states allocate emission allowances to facility operators. If operators produce more CO2 than anticipated, they must either reduce the CO2 emissions of their facilities or buy additional allowances. If they produce less CO2, they may sell their unused allowances on the open market. Phase one of emissions trading was from 2005 through 2007; phase two is from 2008 to 2012.
An electric generating unit that uses waste heat from its gas turbines to produce steam to drive conventional steam turbines. CCGTs can be nearly 60-percent energy efficient.
Generating technology in which both electric and thermal energy are obtained from a single energy source, which makes CHP generating units significantly more efficient. Also known as cogeneration.
Short-term money market obligation issued by commercial companies and credit institutes. CPs are usually quoted on a discounted basis, with repayment at the par value.
Facilities placed roughly every 100 to 250 kilometers (60 to 150 miles) to move natural gas in transport pipelines through the creation of
pressure differentials.
pressure differentials.
