Definitions
No terms were found that match your search criteria.
B
-
bcm
Billion cubic meters.
-
Billion m³
Billion cubic metres.
-
Blue hydrogen
Hydrogen produced from fossil energy (natural gas) in combination with CO2 capture and storage.
-
BMWK
Bundesministerium für Wirtschaft und Klimaschutz (German Federal ministry for Economic Affairs and Climate Action).
-
Business development
Developing new products/services and/or entering new markets.
C
-
CCS
Carbon Capture and Storage.
-
CH₄
Methane; the most important component of natural gas.
-
CO₂
Carbon dioxide; released when fuel fully burns.
-
CO₂ equivalent emission
CO₂ and CH4 emissions can be converted by means of the Global Warming Potential (GWP) into a measure for the enhanced greenhouse effect, called...
-
Controllable cost
Normalised total of staff costs and other operating expenses minus costs allocated to investments and uncontrollable energy costs.
E
-
EBIT
Earnings before deduction of interest and taxes.
-
EBITDA
Earnings before deduction of interest, taxes, depreciation and amortisation.
-
Effective temperature
The 'effective temperature' refers to the actual temperature, supplemented by an adjustment for wind speed.
-
ESG
Environmental, Social, Governance (ESG) means that factors such as energy consumption, climate, resource availability, health, safety and good corporate...
-
EZK
Ministerie van Economische Zaken en Klimaat (Dutch ministry of Economic Affairs and Climate Policy).
F
G
-
GERG
European Gas Research Group, trade association of European gas companies, focused on research and development.
-
GHG Scope 1, 2 and 3
The Greenhouse Gas Protocol, the prevailing standard for reporting on CO₂ emissions, breaks down emissions according to their source. It is divided into...
-
GoO
A Guarantee of Origin (GoO) is a piece of evidence that proves the origin of sustainably produced energy.
-
Green gas
Green gas is biogas upgraded to the quality of natural gas.
-
Green hydrogen
Hydrogen produced in a climate-neutral way from renewable energy sources such as wind and solar power.
-
Greenhouse gas
Gas that contributes to the creation of an insulating layer around the earth, causing it to warm up. The most important greenhouse gases are: water vapour,...
-
GTS
Gasunie Transport Services
-
GUD
Gasunie Deutschland
-
GW
A gigawatt (GW) is a unit of electric power.
-
GWP
Global Warming Potential (GWP). The Intergovernmental Panel on Climate Change regularly updates the GWP based on the latest scientific insights.
H
-
H₂
Hydrogen.
I
-
Incidents (resulting/not resulting in absence)
Incidents resulting in injuries to one or more employees of Gasunie and/or third parties as a consequence of carrying out work. Absence refers to work (or...
-
Input tax
Input tax is ‘VAT on our costs’, i.e. VAT that our suppliers have billed us for.
-
Invested capital
Total of tangible fixed assets, investments in joint ventures, investments in associates, and other equity interests adjusted for work in progress assets for which payment has yet to be received.
-
ISO
International Standardisation Organisation; an organisation that sets international standards.
L
-
LDAR
Leak detection and repair programme.
-
Licence to operate
The mandate that a company is given (by the government and/or society) to perform its tasks.
-
LNG
Liquefied Natural Gas.
-
LOHC
Liquid organic hydrogen carriers.
M
-
MW
A megawatt (MW) is a unit of electric power.
N
-
Net debt including guarantees/tangible fixed assets
This ratio provides insight into the extent to which tangible fixed assets are financed by debt.
-
NOPLAT
The normalised Net Operating Profit Less Adjusted Taxes is the total of normalised EBIT and the share in the result of associates net of taxes.
-
Normalised ROE
Normalised Return On Equity is calculated by dividing the normalised result after taxation by the normalised equity.
-
Normalised ROIC
Normalised Return On Invested Capital is calculated by dividing the normalised NOPLAT by the invested capital. This ratio provides information on the extent...
-
NOₓ
Collective term for nitrogen oxide gases. These gases are released in all burning processes and contribute to atmospheric pollution.
P
-
Pseudo G-gas
Pseudo-G-gas is low-calorific gas made from high-calorific gas. This gas is of the same quality as Groningen gas.
R
-
Reportables
Incidents resulting in absence, medical treatment, replacement work or fatalities.
S
-
Scope 1, 2 and 3
The Greenhouse Gas Protocol, the prevailing standard for reporting on CO₂ emissions, breaks down emissions according to their source. It is divided into...
-
Security of supply
In the Netherlands, this is understood to mean: the number of times gas transport was interrupted because no, or insufficient, gas was able to flow through...
-
Stakeholders
Organisations or persons with a certain interest in the company.
T
-
Total Reportable Frequency Index
A measure for safety; the number of ‘reportable’ incidents (incidents leading to absence, medical treatment, alternative work or fatalities) per 1 million...
-
TSO (NL)
Transmission system operator: (TSO) is an entity responsible for the transport of energy in the form of natural gas or electricity at a national or regional...
W
-
WACC
The Weighted Average Cost of Capital, usually abbreviated to WACC.
