Electricity deregulation
Overcoming power hedging constraints
With inherent hedging issues, gas prices set to rise and increased competition driving volatility, Lianna Brinded takes a look at how existing hedging strategies for power generation assets need to be reassessed
Video: Q&A with Trevor Morgan
Trevor Morgan of the International Energy Agency (IEA) talks to Energy Risk about phasing out fossil fuel subsidies, unconventional gas, why Copenhagen was a failure and the outlook for renewables.
Australia’s power market
Australian power is a hot topic among hedge funds and international investment banks in the energy trading space. Katie Holliday looks at the secret behind the attraction
Power markets: Focus on China
The development of China’s market for electricity trading fails to match the country’s rapid economic advancement. Katie Holliday talks to market experts about what it will take to spur China to catch up with the very latest methods of electricity…
Confusion over misleading Indian power futures "ban"
Confusion surrounds the reported ban on Indian power futures trading as industry participants disagree on the nature of the measure
Turkey power market set for expansion
Disputes with Russia have prompted Turkey to strive for energy independence, and its government has fast-tracked the liberalisation of its power markets, but there is still a long way to go before Turkey can step up and compete with other liquid European…
New SocGen commodities strategy expected by year-end
Société Générale plans to have fully integrated a new power and gas trading strategy by the end of 2010 after announcing the sale of its 49% stake in the 10-year Gaselys partnership with GDF Suez yesterday.
Cutting Edge: Measuring the risk of Financial Transmission Rights
In this month’s article, Ning Zhang proposes a semi-parametric approach to calculate the risk of FTRs/TCCs portfolios whose risk is hard to capture by using standard VaR methods. The major specialties of FTRs/TCCs – such as non-normality and seasonality …
New regulation could open up French power market
A slow response to the EU’s liberalisation directive has left the French power market lagging behind some European markets in terms of liquidity, but recent regulatory proposals are set to open up the market and may spell the end of regulated tariffs…
UK energy policy: time for change?
UK energy policy could be set for a shake-up next year, with a change of government looking likely, and security of supply and green issues at the fore, writes Lawrence Haar
Seam shifts in central Europe
Gordon Feller looks at the changing coal economies of Bulgaria, the Czech Republic and Slovenia and the effect of electricity sector moves in the region