Russia forges ahead with power market liberalisation
Otkritie analysts say the volume of electricity traded on the liberalised domestic market went up from about 25% in June to about 41% on July 1. The spot electricity price went up by 9.6% in the Europe-Urals price zone and went down by 20.3% in the Siberian price zone. In addition, July 2 prices on the day-ahead market showed a further 1.7% increase and a 0.9% decrease, respectively.
Although it is too early to draw forward-looking conclusions based on 1-day data, Otkritie says the upsurge in electricity volumes traded on the market has not sparked drastic price hikes and it does not intend to change its forecast of average free electricity prices for 2009.
More on Electricity
Axpo interview: the rise of flexibility contracts in European power
Axpo’s Domenico Franceschino talks to Energy Risk about flexibility contracts, battery optimisation and the role of risk management in valuing these bespoke products
US power markets grapple with surging AI demand
Through rising demand and increased market participation, technology giants are transforming US power markets
CRO interview: Shawnie McBride
NRG’s chief risk officer Shawnie McBride discusses the challenges of increasingly interconnected risks, fostering a risk culture and her most useful working habits
Energy Risk Europe Leaders’ Network: geopolitical risk
Energy Risk’s European Leaders’ Network had its first meeting in November to discuss the risks posed to energy firms by recent geopolitical developments
Energy Risk US Leaders’ Network: tackling volatility
Energy Risk’s inaugural US Leaders’ Network convened in Houston in October to discuss risk management challenges caused by geopolitical upheaval, policy uncertainty and volatility
Uncertainty causes rethink on clean energy investment
Waning enthusiasm for net-zero pledges, environmental policy shifts, funding cuts and US tariffs are causing clean energy investors to retreat
Interview: Nodal Exchange’s Paul Cusenza
The fundamentals driving electricity prices, growing confidence in state-driven environmental programmes and Nodal’s share of the US zonal power markets
Energy Risk at 30: Learning from the past
Energy Risk looks back at the seminal events and developments that have shaped today’s energy markets
