Despite coming into force in December 2011, Remit insider trading rules continue to raise questions among energy traders
APX says creation of UK virtual hub could delay NWE power market coupling, but claim is strongly denied by Nord Pool Spot
At Stadtwerke München, one of Germany’s largest municipal utilities, many of the issues facing risk management are different from those affecting big commercial energy firms. But concerns about the impact of financial regulation run just as high. Mark...
Ofgem senior economist makes case for power market reform and details proposals to alter balancing arrangements
Acer director expresses frustration at power market coupling delays caused by exchanges and other stakeholders
Despite differences in the detail, the mechanics that unfold during episodes of financial and energy market hype are the same. To avoid repeating the errors of the past, companies and individuals should bear them in mind, argues Vincent Kaminski
The incremental risk of including electricity contracts in a portfolio is computed by George Levy using a Monte Carlo regime-switching approach. The volume and price processes are modelled using empirical distributions and correlation is captured via...
While Europe’s traditional energy firms have been suffering, Danske Commodities saw a 75% leap in profits for 2012. Chief executive Torben Nordal Clausen speaks to Gillian Carr
Expertise in energy trading is vital to the success of smart energy business models, which rely on integrating decentralised generation assets with the wholesale energy market. That presents an opportunity for firms with the right skills, argue Jim Fitzgerald,...
Entities backing trade repositories for OTC derivatives show interest in registering as RRMs
The design of modern power pools is highly complex, creating plenty of opportunities for clever traders to profit by circumventing the rules, writes Vincent Kaminski
By mid-2014, the Regulation on Wholesale Energy Market Integrity and Transparency is expected to see European energy market participants reporting masses of information about their trading activity to regulators. How do regulators intend to use this data...
Record $410 million settlement demonstrates zero-tolerance approach towards exploitation of market design flaws
Ferc penalties against Barclays and other banks expected to bolster compliance with market manipulation rules
Australia's electricity derivatives market had been picking up since the global financial crisis, but volumes have declined in recent years. Firms blame the slowdown on a combination of slim trading opportunities and uncertainty over plans to curb emissions...
Supervisors must decide whether to include electricity in derivatives reform despite high prices and industry opposition
Low power prices have dented the need for electricity producers and consumers to hedge with derivatives, while regulatory reform is also making life difficult for market-makers. But market participants are optimistic the trend could be reversed. Pauline...
Power hedging activity could increase with rising prices and greater regional variation across the US
Frustrated by inaction at the CFTC, public utilities champion new law on Dodd-Frank special entities threshold