Acronyms and Abbreviations
Glossary of Terms
Units of measure
A - B - C - D - E - F - G - H - I - J - K - L - M - N - O - P - Q - R - S - T - U - V - W - X - Y - Z
B.
| Backwardation | Market situation in which futures prices are progressively lower in the distant delivery months. For instance, if the gold quotation for January is $960.00 per ounce and that for June is $945.00 per ounce, the backwardation for five months against January is $15.00 per ounce. (Backwardation is the opposite of contango). |
BAT |
best available technology |
BAU |
business-as-usual, implying no change in policies, no government intervention |
BCC |
biomass co-combustion |
Beagle |
Intranet of the International Energy Agency |
BEE |
|
BEV |
battery electric vehicles |
BF |
blast furnace |
BFBC |
bubbling fluidised-bed combustion (boiler type) |
BIGCC |
biomass-integrated gasification with combined cycle |
Bio-SNG |
bio-synthetic natural gas |
BOF |
basic oxygen furnace |
BPT |
best practical technology |
BRIC |
Brazil, Russia, India, China |
BRICS |
Brazil, Russia, India, China, South Africa |
BRIICS |
Brazil, Russia, India, Indonesia, South Africa |
BTL |
biomass-to-liquids |
Budget Committee |
Committee on Budget and Expenditure (of the IEA); also indicated as CBE |