Commodities Now Glossary

E85 A fuel containing a mixture of 85 percent ethanol and 15 percent gasoline. See Motor gasoline (finished).

E95 A fuel containing a mixture of 95 percent ethanol and 5 percent gasoline

EAR Estimated Additional Resources.

Earnings at Risk (EaR) – measures the potential earnings variability for multiple time horizons based on a set of earnings recognition rules that determine in which reporting period those earnings fall.

Ecofys – Ecofys is a leading knowledge and innovation company that operates in the field of renewable energy, energy efficiency and climate change. It delivers research and service solutions from product development to implementation management.

EconMatters - A team of financial and market analysts who research, analyze, and write articles devoted to the discussion of important economic and market specific issues relevant to our readers and global strategic investing.

Economist Intelligence Unit - (EIU) is one of the world's leading resource for economic and business research, forecasting and analysis. It provides accurate and impartial intelligence for companies, government agencies, financial institutions and academic organisations around the globe, inspiring business leaders to act with confidence since 1946. EIU products include its flagship Country Reports service, providing political and economic analysis for 195 countries, and a portfolio of subscription-based data and forecasting services.

EDHEC-Risk Institute - Since 2001, EDHEC has been pursuing an ambitious policy in terms of international research. This policy, known as “Research for Business”, aims to make EDHEC an academic institution of reference for the industry in a small number of areas in which the school has reached critical mass in terms of expertise and research results. Among these areas, asset and risk management have occupied privileged positions, leading to the creation in 2001 of a major research facility: EDHEC-Risk Institute. This institute now boasts a team of 85 permanent professors, engineers and support staff, as well as 18 research associates from the financial industry and 6 affiliate professors. EDHEC-Risk Institute is located at campuses in Singapore, which was established at the invitation of the Monetary Authority of Singapore (MAS), the City of London in the United Kingdom, and Nice, France. In addition, it has a research team located in the United States.

EEX - the European Energy Exchange has established itself as a leading trading market in European energy trading - for power gas and emissions.

EFET – The European Federation of Energy Traders (EFET) founded in 1999 by Europe’s leading energy companies and is used for EFET and non-EFET energy trading contracts and advisory. A group of more than 100 energy trading companies from 27 European countries are dedicated to stimulating and promoting energy trading throughout Europe.

EFETnet – EFETnet is an independent company 100% owned by the EFET. It was set up in 2004 by EFET to serve those actively involved in energy trading and is intended to deliver the benefits of electronic data exchange standardization that was first pioneered by EFET and its members.

EIA - The US Energy Information Administration.

Eligibility Requirements There are six Eligibility Requirements for Participating in Emissions Trading (Art. 17) for Annex I Parties. Those are: (i) being a Party to the Kyoto Protocol, (ii) having calculated and recorded one’s Assigned Amount, (iii) having in place a national system for inventory, (iv) having in place a national registry, (v) having submitted an annual inventory, and (vi) submit supplementary information on assigned amount. An Annex I party will automatically become eligible after 16 months have elapsed since the submission of its report on calculation of its assigned amount. Then, this Party and any entity having opened an account in the registry can participate in Emissions Trading. However, a Party could lose its eligibility if the Enforcement Branch of the Compliance Committee has determined the Party is non-compliant with the eligibility requirements.

Elliott Wave Theory - 


 
A pattern-recognition technique published by Ralph Nelson Elliott in 1939, which holds that the markets follow a rhythm or pattern of five waves up and three waves down to form a complete cycle of eight waves. The three waves down are referred to as a “correction” of the preceding five waves up.

EMIR - The European Market Infrastructure Regulation (EMIR) is the new European regulation on over-the-counter (OTC) derivatives, central counterparties and trade repositories. It will implement the Group of Twenty (G20) commitment to have all standardised OTC derivatives cleared through a central counterparty in the European Union (EU) by the end of 2012 and is part of the worldwide effort to reduce counterparty and operational risk in the OTC derivatives market, which was identified as a contributing factor to the financial crisis.

Emission Reduction Units (ERUs) A unit of emission reductions issued pursuant to Joint Implementation. One EUA represents the right to emit one metric ton of carbon dioxide equivalent.

Emission Reductions (ERs) The measurable reduction of release of greenhouse gases into the atmosphere from a specified activity, and a specified period of time.

Emission Reductions Purchase Agreement (ERPA) Agreement which governs the transaction of emission reductions.

Emissions coefficient A unique value for scaling emissions to activity data in terms of a standard rate of emissions per unit of activity (e.g., pounds of carbon dioxide emitted per Btu of fossil fuel consumed).

Emissions Trading Scheme (ETS) - [see cap and trade] EU-10: Bulgaria, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Slovakia, and Slovenia. EU-15: Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal, Spain, Sweden, United Kingdom.