Innogy breeds risk/insurance hybrid for physical trading

Innogy, the UK’s largest integrated energy company, has launched InnSure, a new product designed to safeguard against last-minute shortfalls in power supply.

“It tries to bridge the gap between balancing market insurance and what you can do in the market without incurring excessive cost,” says Brian Senior, director of trading and asset management at the Swindon-based firm.

InnSure allows traders to buy options that are exercisable six hours before real time. Under the UK’s new electricity t

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