Balancing markets during system stress
Balancing markets reveal the true state of the power system. Even before stress is evident in day-ahead averages or forward curves, it usually shows up first
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Outages and availability risk: how power system failures move prices
Outages are points where physical reliability and market behavior meet. They eliminate capacity, limit redundancy, and sharply decrease operational
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Capacity margins & system tightness: metrics traders watch
Capacity margins are central to how traders discuss system tightness, yet they remain among the most misunderstood concepts in power markets. While margins
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Scarcity pricing in power: how tight systems drive extreme prices
Scarcity pricing sits at the sharp end of power-market behaviour. This is where reliability risk, operational constraints, and trading psychology come
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Trading scarcity: How to spot and profit from tight system conditions
Power markets sometimes enter scarcity regimes - periods when available supply nears or drops below expected demand. These regimes offer unique trading
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Liquidity, order books and execution timing in European power markets
Liquidity is a key challenge in executing trades in the European power markets. Traders frequently mention they are correct in their market view but face
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Building a portfolio optimisation framework for power trading desks
Developing a strong power portfolio optimisation framework has become essential for top European trading desks. As markets grow more volatile, liquidity
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Forecast-driven trading: using weather, outages and flow data to time trades
In modern power markets, forecasting provides a real competitive advantage. Traders and portfolio managers increasingly depend on power trading forecasts to
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Spread trading in power markets: the core tool for relative value
Spread trading forms the core of modern power trading. While outright positions in spot or forward markets can be profitable, they expose traders to