Nord Pool
Risk transformation of a zero-subsidy wind portfolio
Joaquin Narro analyses the hedging of a hypothetical zero-subsidy wind portfolio with base load products in the futures markets
Estonian bidding area paves the way for integration of Baltic power markets
Nordic power market Nord Pool Spot has introduced a bidding area to connect Estonia to the Nordic region, as part of the exchange’s plans to further integrate the Baltic power market.
Recycled CER scandal could push carbon trading over the counter
The latest scandal to hit the carbon markets, involving the trading of recycled Certified Emission Reduction units (CERs), could damage the credibility of carbon credits and push volumes off exchanges and onto the over-the-counter markets, say experts.
Nord Pool Spot expands into Estonia
Nordic power exchange, Nord Pool Spot, has announced plans to incorporate Estonia into its pricing area for physical power from April 2010.
Nord Pool’s back-up
Nord Pool Clearing is the first pure electricity clearing house to obtain capitalsupport through insurance to cover defaults by its trading counterparties. Areenergy companies set to follow suit? Joe Marsh reports
Rethinking European power
European energy firms are seeking to reposition their products and strategies in advance of European Union market deregulation. FAME Energy reports
Opportunity knocks for smelters
Aluminium manufacturers have long used sophisticated hedging and risk management techniques to protect against fluctuating metal prices, yet they have only recently looked at transferring these skills to power risk management. David Wilson reports
The bigger they come…
Germany
Exchanging blows
Conflict in the US and growth in Europe marked another turbulent year for energy exchanges. Kevin Foster casts an eye back over 2002
Nord Pool signs seven-year clearing deal with OM
Nordic Electricity Clearing House (Nech), the clearing subsidiary of Nordic energy exchange Nord Pool, has signed a seven-year contract with Swedish technology and derivatives exchange company OM to supply its clearing services.