Electricity Commodity

From Open Risk Manual

Definition

Electricity Commodity. Electricity as a commodity or product.

Primary Electricity is obtained from natural sources such as Hydropower, Wind Energy, Solar Energy, Tidal Energy and Wave Energy.

Secondary Electricity is produced from the heat of nuclear fission of nuclear fuels, from the geothermal heat and solar thermal heat, and by burning combustible fuels; whereby combustible fuels can be primary (such as coal, natural gas, renewables and waste) and/or secondary (e.g. coke, heating oil, etc.).