Market risk
UK tax authority arrests carbon fraud suspects
The UK's tax authority HM Revenue & Customs (HMRC) has arrested seven people on the suspicion of a £38 million VAT fraud involving the trading of carbon emissions allowances.
EDH financial boost targets OTC transparency
Point Carbon, a market analysis firm, has taken an undisclosed stake in the Energy Data Hub (EDH) in a bid to increase transparency in the over-the-counter (OTC) energy markets.
CFTC withdraws ags exemptions
The Commodity Futures Trading Commission (CFTC) withdrew two no-action letters today that provided relief from federal agricultural speculative positions limits laid out in CFTC regulations.
CCX carbon credits may gain SPDC status
The Commodity Futures Trading Commission (CFTC) has issued a Notice of Intent to determine if the Chicago Climate Exchange's (CCX's) Carbon Financial Instrument (CFI) performs a significant price discovery function.
Uncertainty clouds Australia’s carbon trading proposals
The Australian parliament has rejected plans for an emissions trading scheme. The proposed Carbon Pollution Reduction Scheme (CPRS) failed to pass in a Senate vote, but the government plans to re-submit the proposal to the Senate before the United…
CarbonDesk opens for business
London-based emissions broker the CarbonDesk has obtained regulated status from the UK's Financial Services Authority (FSA) to begin trading futures, options and derivatives products on the global carbon markets.
Dong Energy acquires German wholesale company
Danish firm Dong Energy has acquired German wholesale company Kom-Strom for €27 million ($38.23 million) from Essent.
Amaranth to pay $7.5 Million fine
The Commodity Futures Trading Exchange (CFTC) announced details today of a court order to settle charges of attempted manipulation of natural gas futures prices against Amaranth Advisors LLC and Amaranth Advisors (Calgary) ULC.
NGX offers physical clearing for US crude oil
Calgary-based Natural Gas Exchange (NGX) today announced the availability of physical clearing capabilities for the United States crude oil market, effective this week.
CME Group to offer Malaysian crude palm oil contract
Malaysian commodities exchange Bursa Malaysia is to partner with global futures exchange CME Group on trade matching services, product licensing and minor cross-equity investments.
MCX offers imported thermal coal futures contract
India's Multi Commodity Exchange's (MCX) newly-launched thermal coal futures contract traded over 5500 metric tonnes on its first day of trade on Friday 7 August.
Dynegy announces further losses and asset sale
Wholesale power provider Dynegy has implemented a cost-cutting scheme and plans to sell nine power projects after announcing a $345 million second quarter net loss.
Indonesian commodities exchange to begin trading in September
Indonesia has followed Asian counterparts Singapore and Hong Kong with the launch of its own commodities exchange set to begin trading in September or October. The Indonesia Commodity & Derivative Exchange (ICDX) will initially trade palm oil and gold…
GHG allowances could cost $191 by 2030
The Energy Information Administration (EIA) has predicted greenhouse gas allowances could cost $191 per metric ton by 2030 under the American Clean Energy and Security Act.
CFTC outlines more regulatory concerns
The Commodity Futures Trading Commission (CFTC) ended the last of three public hearings on the energy market today, citing several additional areas of regulatory interest including firewalls, high frequency trading and over-the-counter market regulation.
Optimisation through a component framework
Implementing the most suitable ETRM software for has become increasingly daunting. Paul McLean-Thorne and Tim Hughes investigate
Power plant Greeks
The computation of the price sensitivities - otherwise known as the Greeks - of a power plant is essential for proper hedging and risk management. However, due to the complexity and difficulty involved in the modelling of generation characteristics and…
LME freight screen proposals make waves
Plans by the London Metal Exchange (LME) to launch an exchange for forward freight agreements (FFAs) have caused a stir, reports Katie Holliday
Carbon traders reject EDF Energy's price floor calls
Carbon market participants have criticised calls by EDF Energy chief executive Vincent de Rivaz for a carbon price floor, reports Rachel Morison
CFTC steps up speculator scrutiny
The CFTC is to re-examine the role of speculators as it considers imposing federal position limits on futures trading in energy contracts. Pauline McCallion reports