News
January launch for UK power market N2EX
The launch of the UK’s first liquid forward market, N2EX, aims to harness liquidity from the rest of Europe and allow smaller traders to more easily participate. Rachel Morison reports
Trading positions
Energy Risk catches up with the latest appointments, promotions and departures in global commodity markets
BarCap launches LNG services with Excelerate deal
Barclays Capital today launched a liquefied natural gas (LNG) services offering with a new agreement to market Excelerate Energy’s LNG cargoes in the northeast US market.
Power sector concerned about regulatory overlap
Power sector trade bodies yesterday criticised proposals for regulation of over-the-counter derivatives, saying it would duplicate current Federal Energy Regulatory Commission (Ferc) oversight of the US power market.
Continued high default rate in 2010 predicted by S&P
Standard & Poor’s (S&P) expects between 55 and 75 West European companies with speculative-grade credit ratings to default in 2010, continuing an above-average default rate.
