CONTRACTS FOR DIFFERENCES

  

Copyright © Philip M. Parker, INSEAD. Terms of Use.

CONTRACTS FOR DIFFERENCES

Specialty Definition: CONTRACTS FOR DIFFERENCES

DomainDefinition

Energy

A type of bilateral contract where the electric generation seller is paida fixed amount over time which is a combination of the short-term market priceand an adjustment with the purchaser for the difference. For example, agenerator may sell a distribution company power for ten years at6-cents/kilowatt-hour (kWh). That power is bid into Poolco at some low /kWhvalue (to ensure it is always taken). The seller then gets the market clearingprice from the pool and the purchaser pays the producer the difference betweenthe Poolco selling price and 6-cents/kWh (or vice versa if the pool price shouldgo above the contract price). (CFD). (references)

Source: compiled by the editor from various references; see credits.

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Alternative Orthography: CONTRACTS FOR DIFFERENCES


Hexadecimal (or equivalents, 770AD-1900s) (references)

43 4F 4E 54 52 41 43 54 53      46 4F 52      44 49 46 46 45 52 45 4E 43 45 53

Leonardo da Vinci (1452-1519; backwards) (references)

        

Binary Code (1918-1938, probably earlier) (references)

01000011 01001111 01001110 01010100 01010010 01000001 01000011 01010100 01010011 00100000 01000110 01001111 01010010 00100000 01000100 01001001 01000110 01000110 01000101 01010010 01000101 01001110 01000011 01000101 01010011

HTML Code (1990) (references)

&#67 &#79 &#78 &#84 &#82 &#65 &#67 &#84 &#83 &#32 &#70 &#79 &#82 &#32 &#68 &#73 &#70 &#70 &#69 &#82 &#69 &#78 &#67 &#69 &#83

ISO 10646 (1991-1993) (references)

0043 004F 004E 0054 0052 0041 0043 0054 0053      0046 004F 0052      0044 0049 0046 0046 0045 0052 0045 004E 0043 0045 0053

Encryption (beginner's substitution cypher): (references)

374948545235375453240495223843404039523948373953

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INDEX

1. Orthography
2. Bibliography


  

Copyright © Philip M. Parker, INSEAD. Terms of Use.