Market Research Report
Making Real-Time Decisions: How Renewable Generation is Changing the Dynamics of Power Trading in Europe
|Published by||Greentech Media Inc.||Product code||1002878|
Delivery time: 1-2 business days
|Making Real-Time Decisions: How Renewable Generation is Changing the Dynamics of Power Trading in Europe|
|Published: April 26, 2021||Content info:||
The past decade has witnessed a tremendous change in Europe's power capacity, led by wind and solar capacity buildout. As a result, spot power trading has become increasingly volatile and short term: new platforms now enable traders to trade up to 15 minutes before gate closure and traded volumes on the intraday market are growing by over 20% a year. New trading arbitrages have emerged between the different sequential stages of the power market, driven by forecast deviation errors induced by wind generation. Market players need to make real-time decisions to accommodate the volatility of supply and capture the value of their assets.