Electricity
GFI buys Trayport
GFI has acquired Trayport, a provider of real-time electronic trading software for brokers, exchanges and traders in the commodities, fixed income, currencies and equities markets.
The business of saying no
Rising energy prices have caused an upturn in demand response - or energy curtailment - in the last two years. Elisa Wood looks at how this is impacting power markets
Tony Cocker
Tony Cocker, CEO of E.ON Energy Trading, is tasked with leading a new centralised European trading hub. It's a challenge he relishes, he tells Andrew Holt
First Dutch spark spread traded
The first OTC Dutch spark spread, which represents the generating margin of gas-fired power stations, was traded this week, brokered by Spectron.
Powering consolidation
Could the merger of Germany's European Energy Exchange and France's Powernext be the first step towards a pan-European power exchange? Roderick Bruce investigates
Transmission possible?
US grid operators are hoping that a new stance on transmission planning will act as a hedge against an uncertain energy future. Yet such a strategy comes with its own challenges, writes Elisa Wood
EDF Trading makes Polish power debut
EDF Trading has completed its first electricity trades in Poland, executed in the spot and forward markets, after obtaining a Polish trading licence.
EEX and Powernext agree to merge
The board of Germany’s European Energy Exchange (EEX) has agreed plans for the exchange to pool its power spot and futures markets with France’s Powernext exchange, laying the foundations for a pan-European energy exchange.
LCH.Clearnet and Nodal Exchange to launch new trading and clearing service
LCH.Clearnet, the independent clearing house for power clearing, and Nodal Exchange, the first marketplace to use a locational nodal market for forward power trading, have signed an agreement to provide a trading and clearing service for cash settled…
Solid foundations?
In a recent landmark step, India's power regulator has given 'in principle' go-ahead to the setting up of a power exchange in India. However, there is discomfort amongst potential participants over some of the regulator's plans. Rakesh Singh of Wipro…
Nord Pool launches German and Dutch power derivatives
Power and emissions exchange Nord Pool will launch power derivatives for the German and Dutch markets from 11 January 2008.
Tullett Prebon launches Central European power platform
Inter-dealer and energy broker Tullett Prebon has launched a Central European power platform.
New Year start for E.On Energy Trading
From January 2008, German utility EOn will combine all its European power, gas, coal, oil and carbon trading operations in the new business EOn Energy Trading (EET), headquartered in Düsseldorf.
Irish SEM successfully launched
The new wholesale electricity market that unites the power grids of Northern Ireland and the Republic of Ireland has been successfully launched.
US cannot cope with power demand: NERC
Electricity usage in the US is projected to grow more than twice as fast as capacity growth over the next 10 years, NERC has warned in its 2007 long-term reliability assessment. David Watkins reports
First Indian power exchange launched
Market technology firm Financial Technologies (FTIL) and Power Trading Corporation (PTC), a public-private partnership aimed at developing India’s power markets, have launched the New Delhi-based Indian Energy Exchange (IEX), the country’s first…
Raging California wildfires trigger transmission emergency
The California Independent System Operator Corporation (CAISO), which operates California’s open-market wholesale power grid, has issued a transmission emergency warning following four days of wildfires that have sparked the biggest US evacuation since…