Electricity
Bulgaria power market faces challenges, conference told
Bulgaria's electricity market is being hampered by poor transparency, export fees and market structure, heard delegates at Energy Risk Balkans
Power capacity mechanisms worry EU electricity traders
Power traders are concerned that a growth of interest in capacity mechanisms could threaten the potency of traded electricity markets across the European Union, while disrupting plans to forge a unified internal energy market
UK power grid needs investment to keep lights on in future
The lights stayed on in the UK last winter, despite thin supply margins and outages at important base-load power plants. But the country’s capacity crunch isn’t going away, and utilities will have to work harder to optimise their output in future, argues…
Capacity mechanisms spark concern from power traders
Zest for subsidies could threaten plans for unified EU electricity market, argue power traders
Battery storage to transform power market models
The development of economical battery storage could rewrite the rules of electricity trading and create a need for newer and more sophisticated models, say market participants
Macquarie acquires Barclays US power trading book
Macquarie is deepening its involvement in North American energy by snapping up an electricity trading book from Barclays, which is said to include tolling agreements with power plant operators
JP Morgan exits power markets with Mercuria deal
Electricity firms are gloomy about JP Morgan’s departure from power markets, saying trading houses and oil majors are not providing the same level of liquidity as banks once did
Devil in the detail for Mexico power sector reform
The deregulation of Mexico’s state-dominated electricity sector is sparking enthusiasm among international energy firms eager for investment opportunities. But many challenges remain as regulators create the country’s new wholesale gas and power markets,…
Power pioneer reflects on EU market development
Having been closely involved in Dutch market liberalisation during the mid-1990s, Bert den Ouden has gone on to play a key role bringing Europe’s power markets closer together. He speaks with Gillian Carr
Looking back: Neta set to change UK power market
The UK power market currently faces severe criticism, but when the present market structure was launched in March 2001, it was heralded as ‘ground-breaking’ by industry observers
Energy firms eye opportunities in Mexican power
International energy companies hope to prosper from Mexico's programme of energy reforms, which includes the creation of a wholesale spot market in electricity
Power companies slam New England reliability plan
Electricity companies are criticising "unreasonable" and "discriminatory" measures designed to keep New England's lights on during the coming winter, arguing in favour of a longer-term fix
Moody's forecasts surprisingly stable UK power prices
Analysts at Moody's Investors Service believe UK electricity prices will remain steady until 2020, a prediction at odds with market consensus and government forecasts
Innovation of the Year Award: Energy Fundamentals
Energy Fundamentals's European Power System Insight platform combines quality data with sophisticated, yet accessible, modelling capabilities
Electricity House of the Year: Citi
Despite cutbacks and withdrawals among banks and large utilities, Citi has seen its commitment to the power market matched by strong revenue growth in the past 18 months
UK power market licence changes ‘no silver bullet’
Ofgem’s moves to increase electricity market liquidity for small suppliers are a step in the right direction, but more must be done, argue market participants
Power market coupling could spur derivatives activity
Market coupling may result in greater derivatives use and falling participation in both explicit auctions and physical nominations, survey finds
Firms expect power market coupling to have tangible impact
The process of power market coupling is continuing across Europe, with the largest and most ambitious project to date going live in February. But how do market participants feel about market coupling and how it will affect their businesses? Stella…
Renewables risk derailing benefits of EU power integration
Renewable subsidies and capacity payments threaten to quell advantages brought about by European electricity market coupling, complain industry participants
FTR underfunding leaves PJM power traders out of pocket
Energy firms in the eastern US are upset about the underfunding of financial transmission rights (FTRs) in the PJM power market, saying it has made FTRs useless as a hedging tool. But even though its price tag has exceeded $1 billion, the problem shows…
Renewables and power markets must be brought together
Fixed feed-in tariffs have produced heavy increases in the volume of electricity generated via renewables, but their continued existence diminishes the strength of price signals in European power markets. Steffen Köhler puts forward a different approach
Cutting edge: Modelling dependence of price spikes in Australian electricity markets
The deregulation of Australian electricity markets has brought several challenges, including the possibility of price spikes, which expose market participants to significant risks. As Adebayo Aderounmu and Rodney Wolff outline, these spikes are hard to…
UK power special report
UK Electricity Market Reform will have major ramifications for power market participants. Stella Farrington explores the likely impact
UK power reforms set to make prices lower and more volatile
Market participants not doing enough to adjust to likely effects of EMR, say experts, including volatility and low prices