How battery storage expansion in Germany will affect power prices
Battery energy storage systems (BESS) are becoming increasingly important in the German power market. A look at the ‘Marktstammdatenregister’ of the Federal
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Trading and risk management during system stress events
System stress events are moments when power trading shifts from optimisation to risk containment. Prices accelerate, liquidity evaporates, correlations jump,
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Forecast uncertainty and system stress: why reliability becomes probabilistic
Forecasts form a core component of modern power markets. However, as systems rely more on weather conditions and less on dispatchable capacity, accuracy
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Market reliability and system stress in power markets
Forward power prices are often referred to as “the market’s forecast,” but in reality, they are more complex and insightful. Forward curves combine
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Balancing markets during system stress
Balancing markets reveal the true state of the power system. Even before stress is evident in day-ahead averages or forward curves, it usually shows up first
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Outages and availability risk: how power system failures move prices
Outages are points where physical reliability and market behavior meet. They eliminate capacity, limit redundancy, and sharply decrease operational
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Capacity margins & system tightness: metrics traders watch
Capacity margins are central to how traders discuss system tightness, yet they remain among the most misunderstood concepts in power markets. While margins
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Scarcity pricing in power: how tight systems drive extreme prices
Scarcity pricing sits at the sharp end of power-market behaviour. This is where reliability risk, operational constraints, and trading psychology come
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Trading scarcity: How to spot and profit from tight system conditions
Power markets sometimes enter scarcity regimes - periods when available supply nears or drops below expected demand. These regimes offer unique trading