Definitions of Trade Types

Inter-Utility

Any transfer of allowances from one utility operating company's account to a different utility operating company's account, provided the operating companies are not controlled by the same parent company. Both transferor and transferee accounts can be either general or unit accounts.

LILCO General Account to Detroit Edison Unit Account

Intra-Utility
- Within one operating company

- Between operating companies within the same parent company

Any transfer from one unit account to another unit account within the same operating company.

Any transfer from one operating company's unit account to another's unit account within the same parent company.

Allowances transferred from the general account of one operating company to a unit account of the same operating company or parent company may also be intra-utility trades.

Within operating company- NYSEG Unit Account to different NYSEG Unit Account

Between operating companies within same parent company - Ohio Power Unit Account to Appalachian Power Unit Account (both are within AEP)

Reallocation

Any transfer from a unit or general account of one operating company to a general account of the same operating company or parent company (some may become intra-utility in the future), any pooling activity (e.g. Phase I extension redistributions), or any transfer in which the transferor is a partial owner of the transferee account, or vice versa.

Allowances transferred from the general account of one operating company to a unit account of the same operating company or parent company may also be reallocations.

Unit to general account within same company - Wisconsin Public Service Unit Account to Wisconsin Public Service General Account

Pooling - Phase I Extension General Account to Georgia Power Unit Account

Among co-owners - Jacksonville Electric Unit Account to Florida Power and Light General Account (FP&L is a co-owner of Jacksonville's Unit Account)

Broker/Trader to Utility

Any transfer from an allowance broker or trader to a utility.

Cantor Fitzgerald to Big Rivers Electric Corp General Account

Utility to Broker/Trader

Any transfer from a utility to an allowance broker or trader.

PG&E Unit Account to Enron Power Marketing

Fuel Company to Utility

Any transfer from a fuel supplier (e.g., coal, gas) to a utility.

Peabody Coal Company to PSI General Account

Utility to Fuel Company

Any transfer from a utility to a fuel supplier.

PECO Energy Company Unit Account to Canterbury Coal Co.

Other

Any transfer that does not fit into any of the above categories. This includes transfers involving environmental groups, non-utility accounts, or individuals. Also included are broker to broker transfers, fuel supplier to broker transfers, etc.

Emissions Trading, LLC to AIG Trading

Paramount Petroleum to Cantor Fitzgerald