Trading and risk management in volatile intraday power markets
In intraday trading, playing the long game does not work as it does in other trading types, such as day-ahead. Traders need to leave static strategies behind and switch to short-term views, utilising technologies such as automation and machine learning. Intraday markets are volatile environments to trade in, driven by the intermittency of renewable energy. This can cause huge drops or spikes in pricing, and it can be difficult to navigate this playing field and make a profit.