virtual trading point
{{Short description|Non-physical hub for trading natural gas}}
A virtual trading point is a non-physical hub for trading in natural gas markets, for which "there is a virtual trading point (VTP) for each market area, representing all entry and exit points in that market area."Thorsten Koch, Benjamin Hiller, Marc E. Pfetsch, Evaluating Gas Network Capacities, 2015, Page 51.
Examples
- National Balancing Point (UK)
- Title Transfer Facility (Netherlands)
- Zeebrugge Hub (Belgium)
- PEG Nord (France)
- PEG Sud (France) before April 1, 2015
- PEG TIGF (France) before April 1, 2015
- TRS (France) since April 1, 2015
- MS-ATR (Spain)
- Punto di Scambio Virtuale (Italy)
- Gaspool (Germany)
- NetConnect Germany (Germany)
- Central European Gas Hub (Austria)
See also
- Henry Hub (USA)
- [https://www.pwc.com/gx/en/energy-utilities-mining/pdf/eumcommoditiestradingriskmanagementglossary.pdf Glossary of terms used in the trading of oil and gas, utilities and mining commodities]