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NEW GAS MARKETS FOR ENERGY TRADERS – NEW ETRM TRICKS NEEDED

NEW GAS MARKETS FOR ENERGY TRADERS – NEW ETRM TRICKS NEEDED

I recently had what I originally considered a fairly low challenge project – implementing gas deal capture at a European power and gas trader. Since I have implemented gas a few times, this was looking unpromising. A small catch: I used to set up trading on TTF, NCG,...

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WIND DERIVATIVES – A BET OR A HEDGE?

WIND DERIVATIVES – A BET OR A HEDGE?

Recently EEX has launched wind power futures for Germany and Austria to help wind power producers or asset owners manage volume risks and wind induced market price risks. The purpose of this post is to share some thoughts on the applicability of this and similar...

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Achieving a Reliable Front Office Reporting in ETRM systems: Typical Pitfalls

Achieving a Reliable Front Office Reporting in ETRM systems: Typical Pitfalls

Are you the most trusting person on Earth? If that is the case, you obviously, haven`t dealt with front office reporting solutions, nor have you ever opened a bag of chips.

As the saying goes „Trust is the hardest thing to find and the easiest thing to lose”. When it comes to front office reporting and traders it is even more fragile than a gold fish`s memory. A couple of wrong position results may lead traders to feel like they are using a gambling tool instead of a reporting tool.

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RES support tenders – increasing competition or emergency brake?

RES support tenders – increasing competition or emergency brake?

Renewable energy sources (RES) have played a key role in European policies over the latest decades and will most probably continue to do so in future. To reach their targets for electricity consumed from RES, EU countries have applied a number of support schemes, which often have been revised (in many cases more than once) for one or another reason. As a professional, who has experienced the renewables tariff roller coaster in first person, any announcement of changes is already bad news. Auctions and/or tenders, increasingly gaining popularity within the EU as instruments to increase competition among different renewable technologies, are no exception. A person like me, who has developed a healthy pessimism against frequent subsidy changes caused by the evolution of the support schemes, may ask the following question: Is the urgency to curb the rapid RES development and the associated budget deficits the primary motivation behind the reforms or could it be the next logical step in the evolution of renewable energy support?

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