Spreadsheet: mark_taylor__24728__ClickInTradingProducts
Sheet: ContPower

ContPower
Short Description Boxes for Continental Power: |  |  |  |  |  |  |  |  |  |  |  |  |  | FOR OPTIONS
Continental Power Financial |  | Index |  | Term |  | Load Profile |  | Currency |  | Units |  | Option Type |  | Option Strike |  | Expiration Date
Financial Swap |  | SWEP |  | Day Ahead |  | SWEP hour |  | USD |  | MWh
 |  | CEPI |  | Week Ahead |  | Baseload |  | DKK
 |  | APX |  | 2 weeks |  | BD Peak |  | EUR
 |  |  |  | 4 weeks |  |  |  | DEM
 |  |  |  | 6 weeks |  |  |  | NGL
 |  |  |  | 3 months |  |  |  | FFR
 |  |  |  |  |  |  |  | BEF
 |  |  |  |  |  |  |  | CHF
 |  |  |  |  |  |  |  | ITL
 |  |  |  |  |  |  |  | NOK
 |  |  |  |  |  |  |  | SEK
Continental Power Physical |  | Location |  | Term |  | Load Profile |  | Nominations |  | Interruptibility |  | Grid Level |  | Balancing Co.(name) |  | Transmission Risk |  | Currency |  | Units
Physical Forward |  | [NAME] |  | Day Ahead |  | Baseload |  | Day Ahead |  | Financial Firm |  | High Voltage |  | XXXXX |  | [NAME]'s |  | USD |  | MWh
 |  | Laufenburg International |  | Week Ahead |  | BD Peak |  | Week Ahead |  | System Firm |  | 110kv |  |  |  | [NAME]'s |  | GBP
 |  | PE Border |  | 2 weeks |  | BD Nights |  | Week End |  | Interruptible |  |  |  |  |  | None |  | EUR
 |  | [NAME] |  | 4 weeks |  | NBD |  | Month Ahead |  |  |  |  |  |  |  |  |  | DEM
 |  |  |  | 6 weeks |  |  |  |  |  |  |  |  |  |  |  |  |  | NGL
 |  |  |  | 3 months |  |  |  |  |  |  |  |  |  |  |  |  |  | FFR
 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | BLG
 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | CHF
 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | ITL
 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | NOK
 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | SEK
 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | FIN
 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | DAK
Notes: | Physical trades are not standardised currently => not for online trading in the near future.
 | Long descriptions will change in 3-6 mths time => fill them in as close to the live date as possible
Long Descriptions
Instrument Type
 | Financial Swap | An agreement whereby a floating price is exchanged  for a fixed price over a specified period
 | Physical Forward | An agreement whereby physical electricity is exchanged for a fixed price over a specified period
Index | SWEP | the Swiss high voltage grid as published by Dow Jones (arithmetic average) for hour 11:00 - 12:00 CET (Central European Time)
 | CEPI | Next day electricity price on PreussenElektra borders (arithmetic average) as published by Dow Jones
 | APX | average price for selected hours as published by the Amsterdam Power Exchange
Location | [NAME] | Laufenburg, Switzerland, on the high voltage grid (power originating from a generator without export rights)
 | Laufenburg International | Laufenburg, Switzerland, on the high voltage grid (power originating from a generator with export rights)
 | PE Border | One of 12 border hubs of PreussenElektra, Germany, seller's choice of hub
 | [NAME] | Free border Netherlands, seller's choice of hub
Term | Day Ahead | all hours from  00:00 CET  (Central European Time) to 24:00 CET tomorrow
 | Week Ahead | all hours from 00:00 on the closest Monday to 24:00 on the following Sunday
 | 2 weeks | all hours from 00.00 on the closest Monday to 24.00 on the Sunday two weeks forward
 | 4 weeks | all hours from 00.00 on the closest Monday to 24.00 on the Sunday four weeks forward
 | 6 weeks | all hours from 00.00 on the closest Monday to 24.00 on the Sunday six weeks forward
 | 3 months | all hours from 00.00 on the first day of the closest month to 24.00 on the last day of the month three months forward
Load Profile | Baseload | energy delivered 00:00 to 24:00 at a steady rate
 | BD Peak | energy delivered in a period 08:00 to 20:00 on a weekday
 | BD Nights | energy delivered in a period 00:00 to 08:00 and 20:00 to 24:00 on a weekday
 | NBD | energy delivered in a period 00:00 to 24:00 on Saturday and Sunday
 | SWEP Hour | energy delivered between 11:00 to 12:00 at Laufenburg on week days
Time Zone | CET | Central European Time
Currency | USD | United States Dollar
 | EUR | EUROs
 | DEM | German Marks
 | NGL | [NAME]
 | FFR | French Francs
 | BEF | Belgian Francs
 | CHF | Swiss Francs
 | ITL | Italian Lira
 | NOK | Norwegian Krone
 | SEK | Swedish Krone
 | FIN | Finnish Markka
 | DKK | [NAME]
Units | MWh | [NAME] (1,000,000 watts) hour, where watt is a unit of electrical power equivalent to one [NAME] per second
Grid Level | High Voltage | delivered on the 380/220 kV voltage level
Interruptibilty | Financial Firm | delivery whereby both the buyer and the seller warrant that in the event of non-delivery or non-receipt the defaulting party will remit payments to compensate the defaulting party for damages.
 | System Firm | electricity flow that is subject to potential interruption by the supplier which is limited to time periods during which system frequency is endangered by major unplanned events.
 | Interruptible | electricity flow that is subject to potential interruption by the supplier for a specified number of days or hours during times of peak demand or in the event of system emergencies without financial consequences.
Transmission Risk | [NAME]'s | Transmission risk is borne by the buyer
 | [NAME]'s | Transmission risk is borne by the seller
 | None | Buyer and seller are expected to bear the full cost and risk of transmission to and from the delivery point respectively
Nominations | Day Ahead | Physical delivery nominated by 11:00 on the day prior to delivery
 | Week Ahead | Physical delivery nominated by 11:00 on the Thursday of the week prior to delivery
 | Week End | Physical delivery nominated by 11:00 on Friday for deliveries on Saturday, Sunday and Monday
 | Month Ahead | Physical delivery nominated by 11:00 on the Thursday of the week prior to the first week of delivery
Examples:
Short Description: | Continental Power Financial SWAP, Day Ahead, CEPI, Baseload, DEM/MWh
Long Description:
Short Description: | Continental Power Physical Forward, Week Ahead Delivery, Week Ahead Nomination, Laufenburg National, Interruptible WD Peaks, High Voltage transmission, Balancing by XXXX, Buyer's Transmission Risk, CHF/MWh
Long Description: