Power
Epex Spot CEO pushes to unite Europe's power markets
Exchange mergers will drive efficiency gains and foster the integration of European energy markets, says Jean-François Conil-Lacoste
Obsession with competition isn't healthy for exchanges
Market operators spend too much time chasing their competitors and launching ‘me too' products when they need to be concentrating on the needs of their customers, the European Energy Exchange's Steffen Köhler argues
Revenue put options gain popularity in US power markets
Dealers, led by Morgan Stanley, have made revenue put options an increasingly popular hedging tool with US electricity firms seeking to build new power plants. But some observers warn that the largely untested product contains risks for dealers and their…
Q&A: Ferc’s Norman Bay on market manipulation, polar vortexes
In an exclusive interview, the new chairman of the US Federal Energy Regulatory Commission rejects criticism of the agency’s enforcement actions
Alberta energy regulator urges firms to boost compliance
Official with Alberta’s Market Surveillance Administrator touts self-reporting of violations and plugs public shaming of chief executives as ‘amazingly motivating’
Top US energy regulator defends market manipulation probes
Ferc chairman Norman Bay says the agency has provided ‘a lot of clarity’ of the definition of market manipulation, rejecting complaints from industry that the rules are unclear
Singapore power and LNG ambitions face challenges
Singapore is seeking to supplement its position as Asia's oil trading powerhouse by promoting itself as a regional hub for power and liquefied natural gas. While these ambitions have met with modest success, they also face major challenges
EU TSOs need carrot to tackle congestion – EEX's Reitz
Electrical grid operators' lack of investment and the rise of capacity mechanisms are impeding cross-border trading, said panellists at a discussion in London
Direct Energy CFO sees change as the only constant
Andrew Sunderman, the chief financial officer of US energy retailer Direct Energy, has seen it all - financial crises, market meltdowns and political upheaval in Africa
Q&A: Ercot's Doggett on wind power surge and EPA rules
Texas has emerged as a leader in renewables, forcing the Electric Reliability Council of Texas (Ercot) to improve its forecasting and consider changes to the way its electricity market operates. Trip Doggett, Ercot's outgoing president and chief…
Video: E.on Global Commodities CRO David Port
Port comments on how risk management will be affected by Uniper spin-off
Nasdaq energy futures face liquidity challenge
New energy futures exchange seeks to win market share from CME Group and Ice with cheaper lookalike contracts, but traders say it faces an uphill battle to attract liquidity
Video: Uwe Schulz, CRO of RWE Supply & Trading
Schulz speaks about threats and opportunities facing European utilities
Video: Alberto Pototschnig, director of Acer
Acer director talks about progress on Remit and power market coupling
Video: Centrica chief risk officer Olivier Herbelot
Herbelot discusses how the UK power and gas giant manages its risk
Energy firms concerned by Mifid II ‘ability test’
The definition of a financial instrument under Mifid II and the structure of two key exemptions are worrying energy trading firms such as utilities
Video: Enron 'best' and 'lowest' career moment, says Kaminski
Vincent Kaminski opines on topics including the "best" and "lowest" moment of his career, financial regulation, oil fundamentals and European energy markets in a wide-ranging interview filmed at Energy Risk Summit USA
Cutting Edge: Co-simulation of risk factors in power markets
In this article, Jialin Zhao and Sang Baum Kang propose a simple but realistic model to co-simulate the time series of three risk factors: temperature, electricity load and prices. In addition, the authors provide load-serving entities with a…
Energy market liquidity faces threat from regulation
Financial reforms such as Mifid II could undermine years of progress by governments, regulators and industry aimed at building liquid and transparent European energy markets
Mifid II adjustments fail to ease energy firms' worries
Energy firms such as utilities are fighting hard to avoid being regulated under Mifid II and having to comply with onerous EU financial rules. But despite last-minute changes to regulators’ proposed technical standards, the chances of escape appear slim
Intervention isn't needed to secure flexibility in power
Germany needs flexibility to cope with increasing volumes of intermittent renewable power. Contrary to some of the solutions that have been mooted in response, Steffen Köhler of EEX argues the best way to achieve flexibility is by working with market…
EU power traders rail against national interventions
Interventions by national governments in areas such as capacity and renewables are hampering the EU electricity market, complained panellists at Energy Risk Summit Europe
Remit breaches already being investigated by Acer
Acer was already investigating breaches of Remit, but needed more resources to carry out its role, said director Alberto Pototschnig, speaking at Energy Risk Summit Europe
European utilities face 'perfect storm', says Engie's Cirelli
Utility giants are already in deep trouble and urgently need to overhaul their business models, the former chief executive of Gaz de France told Energy Risk Summit Europe