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Acronyms

Acronym
Definition
BESS
Battery Energy Storage System
BRP
Balancing Responsible Party
CfD
Contracts for Difference
CISAF
Clean Industrial Deal State Aid Framework
cPPAs
Corporate Power Purchase Agreements
CSRD
Corporate Sustainability Reporting Directive
EIB
European Investment Bank
EMG
Nordic Energy Market Group
ESRS
European Sustainability Reporting Standards
FVTPL
Fair Value through Profit or Loss
GHG-P
Greenhouse Gas Protocol
GO
Guarantees of Origins
IASB
International Accounting Standards Board
IFRS
International Financial Reporting Standard
LCOE
Levelized Cost of Energy
LME
London Metal Exchange
MiFID
Markets in Financial Instruments Directive
OTC
Over-the-Counter
PtX
Power-to-X
PPAs
Power Purchase Agreements
RED II
Renewable Energy Directive II
RES
Renewable Energy Sources
RFNBO
Renewable Fuels of Non-Biological Origin
SBTi
Science-based Targets initiative
SMEs
Small and Medium Enterprises
VRES
Variable Renewable Energy Sources