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Even so, "MMbtu" is often used to indicate one million Btu particularly in the oil and gas industry. [14] Energy analysts accustomed to the metric "k" ('kilo-') for 1,000 are more likely to use MBtu to represent one million, especially in documents where M represents one million in other energy or cost units, such as MW, MWh and $. [15]
In South America, the second largest supplier of natural gas is Bolivia. The price which Bolivia is paid for its natural gas is roughly US$3.25 per million British thermal units ($11.1/MWh) to Brazil and $3.18 per million British thermal units ($10.9/MWh) to Argentina. [35]
The tonne of oil equivalent (toe) is a unit of energy defined as the amount of energy released by burning one tonne of crude oil.It is approximately 42 gigajoules or 11.630 megawatt-hours, although as different crude oils have different calorific values, the exact value is defined by convention; several slightly different definitions exist.
Energy; system unit code (alternative) symbol or abbrev. notes sample default conversion combinations SI: yottajoule: YJ YJ 1.0 YJ (2.8 × 10 17 kWh) zettajoule: ZJ ZJ 1.0 ZJ (2.8 × 10 14 kWh)
[1] (5.8 × 10 ^ 6 BTU 59°F equals 6.1178632 × 10 9 J, about 6.1 GJ , or about 1.7 MWh.) The value is necessarily approximate as various grades of oil and gas have slightly different heating values.
MMBtu—1 million British thermal units, same as dekatherm; MMC—Market Monitoring Center; MMCF—one million cubic feet (measurement of natural gas) MMCFD—one million cubic feet per day; MMGAL—one million gallons; MMGAL/D—one million gallons per day; MMS—Minerals Management Service (US) MMST—one million short tons; MoC—Management ...
The therm (symbol, thm) is a non-SI unit of heat energy equal to 100,000 British thermal units (BTU), [1] and approximately 105 megajoules, 29.3 kilowatt-hours, 25,200 kilocalories and 25.2 thermies.
The graph here is very misleading as Dutch TTF is in EUR/MWh; the NBP is in GBP pence/therm (1 therm = 0.0293 MWh) and the Henry Hub is in USD/MMbtu (1 MMbtu = 10 therms = 0.29 MWh). The scale on the left goes from 100£ to 500£ which is wrong as it should go from 100p to 500£.