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Glossary Glossary

The following definitions reflect those used by the International Energy Agency (IEA); definitions used by other organisations and publications may vary.

V2G

vehicle-to-grid

varRE or VRE

variable renewable energy

VC

voluntary contribution (IEA funding mechanism)

VC

venture capital

VOC

volatile organic compound

venture capital

a form of private capital typically provided for early stage, high potential growth companies.

volatility

the day-to-day, week-to-week, month-to-month or year-to-year variation in asset ort commodity prices.