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Balancing Services Use of System (BSUoS)

In some regions (notably the UK), a charge levied by the grid operator to recover costs associated with balancing the electricity system in real time. It’s an example of a specialized cost component in physical power trades. Read More

LMP (Locational Marginal Pricing)

Common in U.S. electricity markets; the marginal price of delivering one additional unit of electricity at a specific location (node/bus). LMP accounts for generation costs, demand, and transmission constraints and losses, making it a key concept in physical power trading. Read More

Interconnector

A pipeline, transmission line, or other infrastructure physically connecting two distinct markets or regions (e.g., the UK–Belgium Interconnector for gas). Traders watch interconnector capacity and flows to exploit regional price differences. Read More