Electricity deregulation
How quants shaped the modern energy markets
The business models of today’s utility firms are built on quantitative analysis, but the introduction of these techniques in the 1990s was far from smooth
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,…
Mexico to rein in CFE and Pemex market power
Regulators will not allow state-owned electricity and oil and gas companies to abuse their dominance and stifle private competition, says CRE commissioner
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
Quants: how they shaped the modern energy market
Nowadays, quants are well established in energy trading. But the original introduction of quantitative techniques to the industry was far from straightforward, with a lot of hard work involved in adapting financial market models to the energy arena…
Dynegy founder Watson recalls dawn of deregulation
Dynegy founder Chuck Watson talks to Alexander Osipovich about the dawn of deregulation, the fall of Enron and what it takes to be a successful entrepreneur
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
Ercot's Doggett on keeping the lights on in Texas
Despite worries about a shortfall in generation capacity, Trip Doggett, president and chief executive of Ercot, is proud that Texas has the liveliest deregulated power market in the US. He speaks to Alexander Osipovich
European power market: CWE's next challenges
The central-western European market is at the heart of power trading in Europe and is something of a blueprint for plans to create a single European electricity market. With market coupling progressing well, other challenges now need to be addressed,…
JP Morgan probe highlights Ferc power trading crackdown
A lawsuit filed against JP Morgan by the Federal Energy Regulatory Commission is the latest example of the agency's tough, new enforcement stance
Report urges boosting Ercot price cap, restructuring Texas power market
A report commissioned by the Electric Reliability Council of Texas (Ercot) has recommended that the state increase its maximum peak power price in order to spur investment in new generation capacity and lower the risk of blackouts
Regulation a concern for CEE power and gas traders
Regulation, market coupling and the drawback of import/export tariffs were some of the most pressing issues discussed at Energy Risk’s central and eastern Europe conference last month. Gillian Carr reports
Singapore looks to electricity futures market
Singapore is moving closer to the creation of an electricity futures market, according to comments made by the head of the national energy regulator.
Ten years after its collapse, Enron lives on in energy markets
There is no doubt that the influence of Enron lives on in today’s energy markets. Energy Risk talks to ex-Enronites about how the company achieved what it did and what lessons it can still teach us today
US power transmission rule satisfies the market, for now
Ferc’s new interstate transmission rule addresses regional planning and cost allocation concerns, but there could be more controversy to come. Pauline McCallion reports
MEFF launches central clearing for electricity derivatives
Increased liquidity in the Spanish market necessitates netting and reduction of counterparty risk, says managing director
Steady progress for European power market coupling
Market coupling is widely regarded as one of the most important methods of improving efficiency in the European electricity markets. But can the various initiatives in place and in the pipeline – with their multitude of stakeholders and interests –…
Opportunities in Russia's power market
Russia’s energy markets are known for being closed off to Western involvement. But as the regulators prepare to finalise their liberalisation programme this month, is the landscape becoming ripe for Western participation? Katie Holliday examines the…
Video: Q&A with Benedikt von Butler, Citigroup
Benedikt von Butler of Citigroup discusses how market participants in the central and eastern European markets can ensure they are fully prepared for the risk of new climate change legislation and manage their carbon risk accordingly