A term used to define the word "market" from a marketing viewpoint. In digital marketing, this word is used to distinguish the physical (marketplace) from the virtual (marketspace).
MERCHANT POWER STATION
Commercial power stations which normally produce power for the spot market. In this type of business there are usually contracts for the supply of natural gas with clauses for sharing gains and losses above a pre-established level.
Also called methyl alcohol, it can be produced from coke, naphtha or natural gas (methane).