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Energy Terms Glossary
You can read the terms more easily with the glossary we created for the descriptions and use areas of energy terms, as well as the calculation methods.
Security Level
It refers to the facility, grid or equipment that is used or ready to be used for generating, transmitting or distributing electrical energy.
Thermal Conductivity
The capability of a substance to conduct thermal energy.
Facility
It refers to the facility, grid or equipment that is used or ready to be used for generating, transmitting or distributing electrical energy.
TETAŞ
Turkish Electricity Trading and Contracting Company
Trading Limits
These limits refer to the maximum hourly permissible transmission capacity limits for trading electricity, excluding the transmission capacity that is not allowed to be used for technical, security or similar reasons between proposal areas.
Commercial Transaction Approval
It refers to the notifications that the market operator sends to each market participant upon calculation of the Final Market Clearing Price for each proposal area and that contain the purchase-sales amounts determined for the relevant market participant.
Wholesale Electricity Market
It refers to the electricity markets where wholesale purchasing/selling transactions are carried out for electrical energy, capacity or their derivative products, such as the bilateral agreements market or the day-ahead market organized by the market and/or system operator, balancing energy market or subsidiary services market.
Ultrasonic Meter
A type of meter that measures the flow inside fluids.
Reconciliation
It refers to the calculation of the receivables and debts resulting from the balancing mechanism and/or energy imbalance, and the preparation of relevant receivable-debt notices.
Reconciliation Period
It is the time period for reconciliation actions.
Electrical Energy Delivery Point for Reconciliation
It is a transmission system connection point where traction or export is performed and that is subject to transmission system loss.
Unit
It refers to each production group that can input and reject load independently, as well as the share of each gas turbine and generator for combined cycle plants, and of the steam turbine and generator that will work in connection with the gas turbine and generator.
Production Plant
It is a plant where electrical energy is generated.
Production Plant
It is the process of converting electricity resources to electrical energy at production plants.
Volt
Unit of measurement for electric potential difference.