Articles by Gillian Carr
Energy Risk Europe: Ofgem outlines UK power market changes
Ofgem senior economist makes case for power market reform and details proposals to alter balancing arrangements
Energy Risk Europe: Questions over benefits of CVA for energy firms
Lack of credit team or CVA desk might make use of measure counterproductive, panellists worry
Energy Risk Europe: Acer bemoans 'unnecessary' market coupling delays
Acer director expresses frustration at power market coupling delays caused by exchanges and other stakeholders
Onset of hub-based Asian LNG pricing likely to be slow
LNG importers hoping for quick move to flexible pricing mechanisms will be disappointed, say market participants
Danske Commodities chief reflects on altered energy landscape
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
Renewables expected to drive demand for weather derivatives
Weather risk management firms predict renewables and thinner energy market liquidity will drive growth
European power traders look to different sources of data
With renewables accounting for a significant and growing proportion of Europe's electricity production, energy traders are increasingly turning to different sources of data to help them gauge the impact. Gillian Carr reports
EU ETS fix should focus on long term, argue market participants
Short-term fixes give rise to uncertainty, in contrast to long-term change needed to rescue the ETS, say firms
Room for improvement in Remit reporting, say power traders
Lack of renewables data means an increasingly vital part of the market is being excluded, say traders
WTI rally offers limited upside to oil producers, say analysts
WTI rally may be short-lived, say analysts, while impact of backwardation is likely to be felt more strongly
European power and gas liquidity hit by Mifid II fears
European energy traders say worries about the impact of Mifid II are chilling activity in longer-dated power and gas
Uncertainty rules in Australian electricity derivatives market
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…
Power proves a tough choice for Australian regulators
Supervisors must decide whether to include electricity in derivatives reform despite high prices and industry opposition
Energy should be exempt from benchmark rules, argues EC official
Benchmark indexes in energy markets are already well regulated and do not need further oversight, argues EC director-general for energy
Canadian regulators respond to energy firms’ concerns on derivatives
Updated OTC derivatives rules satisfy concerns of energy traders, but inconsistencies with Dodd-Frank remain
Commodity derivatives regulation gathers pace outside EU and US
Although much of the recent focus has been on rules in the European Union and the US, other jurisdictions across the globe are also weighing changes to the way they regulate over-the-counter commodity derivatives. In some cases, these could have…
Turning points: Nico Van Wayenbergh, GDF Suez Trading
GDF Suez Trading is already used to coping with financial rules that are soon to be extended to many more European energy traders. Its chief risk officer, Nico Van Wayenbergh, speaks to Gillian Carr
Low Brent creates window of opportunity for hedgers, say analysts
Brent crude oil offers a window for airlines and refiners to lock in prices, but opportunity won’t last forever, say analysts
Gas market participants rail against mandatory bundling
The Agency for the Cooperation of Energy Regulators hopes a new network code on capacity allocation will promote a more efficient and open gas market in Europe. But market participants warn the principle of mandatory bundling embedded in the code could…
Emir futures margin rules create 'regulatory arbitrage'
Clearing house and commodity traders voice concerns about European firms going to US due to Emir CCP standards
Mandatory bundling will damage trading in European gas, say firms
Capacity Allocation Mechanism network code could restrict gas trade at physical hubs and interconnection points
Renewables push proves challenging for Germany
A shortening horizon
Evolution Markets creates Singapore physical coal desk
Evolution Markets is latest firm to ramp up efforts brokering coal cargoes in Asia
Lack of regulatory clarity hampering PRA code of conduct
Price reporting agencies expect to release updated industry code of conduct shortly, but warn regulatory uncertainty could delay their efforts