kilowatt laundering
n.— «Electricity sold by CEZ of the Czech Republic to Romania for 40 euros per MW was later resold by electricity traders in the Greek stock market for 80 euros to 90 per MW. The practice is known as ‘kilowatt laundering’ a term, analogous to money laundering, coined to describe the process of obscuring the true origins of specific quantities of electricity being sold on the energy market.» —“Energy Challenge Leaves Balkans Divided” by Gjergj Erebara BalkanInsight.com Dec. 08, 2008. (source: Double-Tongued Dictionary)
You must log in to post a comment.