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Glossary

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H

Hedge

The initiation of a position in a futures or options market that is intended as a temporary substitute for the sale or purchase of the actual commodity. For example, the sale of futures contracts in anticipation of futures sales of cash commodities as a protection against possible price declines, or the purchase of futures contracts in anticipation of futures purchases of cash commodities as a protection against the possibility of increasing costs.

Heren ICIS

A publisher of gas, power and carbon market information.

HH

Half Hourly – means a Metering Point which provides measurements of supply of electricity on a half hourly basis.

All customers with a demand above 100kW (these are, broadly, customers that have a peak demand in excess of 100kW in any three months in a rolling 12 months period).

High Voltage

A voltage exceeding 650 volts. It is the rated voltage above 1kV and medium voltage and is commonly used for distribution systems, with rated voltages above 1kV and generally applied to and including 52kV.

HV

See High Voltage

HVG

High Volume Gateway – Gateway Option designed to be connected by a Dedicated Connection intended for use by Users transferring more than 3.5 Mbytes of Traffic plus Local Traffic per day.

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