Allocation
A term taken from natural gas logistics, it describes the distribution of quantities of natural gas to delivery points with metering points. The quantities are allocated to the various owners based on the relevant transport and natural gas supply contracts. As natural gas from various sources converges at these delivery points, it is allocated on a purely mathematical basis according to the meter values and the nominations.

APX
Amsterdam Power Exchange in the Netherlands

Arbitrage
This means taking advantage of price differences for the same commodity on different exchanges at the same time.

Asset(s)
Collective term for cash, shares, property, power stations, plants. An asset is an item on the asset side of the balance sheet. The EGL Asset Portfolio includes its own electricity production, strategic transport infrastructure and long-term procurement contracts for electricity and natural gas.

Auction
For physical reasons (cross-sectional area of conductor), power lines can only transport a certain amount of electrical energy. If the transport requirements of the market participants exceed this value, the owners of the lines have the option to auction their capacities. These auctions take place primarily for cross-border lines.