Petrol

Petrol

a naturally occurring, flammable liquid consisting of a complex mixture of hydrocarbons of various molecular weights and other liquid organic compounds, that are found in geologic formations beneath the Earth's surface. A fossil fuel, it is formed when large quantities of dead organisms, usually zooplankton and algae, are buried underneath sedimentary rock and undergo intense heat and pressure.

Industry: Energy

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Petrol

Electricity demand bid

Energy; Coal

A bid into the power exchange indicating a quantity of energy or an ancillary service that an eligible customer is willing to purchase and, if relevant, the maximum price that the customer is willing ...

Conditionally effective rates

Energy; Coal

An electricrate schedule that has been put into effect by the FERC subject to refund pending final disposition or refiling.

Carbon dioxide equivalent

Energy; Coal

The amount of carbon dioxide by weight emitted into the atmosphere that would produce the same estimated radiative forcing as a given weight of another radiatively active gas. Carbon dioxide ...

Deferred income tax (liability)

Energy; Coal

A liability inthe balance sheet representing the additional Federal income taxes that would have been due if a utility had not been allowed to compute tax expenses differently for income tax ...

Carbon output rate

Energy; Coal

The amount of carbon by weight per kilowatthour of electricity produced.

Carbon cycle

Energy; Coal

All carbon sinks and exchanges of carbon from one sink to another by various chemical, physical, geological, and biological processes. Also see Carbon sink.

Deferred fuel costs

Energy; Coal

An expenditure for fuel that is not recognised for bookkeeping practises as a cost in the operating period incurred, but carried forward to be written off in future periods.