(Bloomberg) — A Swedish power trader behind a major collapse in Finland’s power market is finally set to be fined by the regulator. A botched bid by Kinect Energy Sweden AB sent shockwaves through the ...
Traders are complaining about unfair losses made in the German power market because of an IT glitch this week. A technical issue which caused Germany’s day-ahead power price to rise to almost seven ...
America’s hyperscalers are looking to ensure the electricity for their huge data centers by entering the supply side of the market—power trading. Meta, Microsoft, and Apple, to name a few, have either ...
Shell Plc’s pivot back to oil and gas was too much for one of the company’s power traders. After the company announced its plan to shift a larger proportion of its investment into fossil fuels in the ...