Weathering the Changing Power Market: Gusts and Gains

European power markets have seen significant growth in wind generation over the last few years.

This surge in intermittent generation has led to an increase in market volatility, and diminished the performance of traditional forecasting methods, all while large storms, consecutive periods of negative pricing, and wind curtailment are no longer as rare as before. Short-term traders face ever increasing generation uncertainty, with high and low wind events becoming a dominant price signal across markets But, this also provides opportunity. Having even a slight edge in forecasting wind and its impact on prices is proving the difference between the red and black for many trading desks.

Using the GB market as a case-study, join Shiv Malhotra from LCP Delta and Rob Hutchinson from Meteomatics as we explore the complexities of wind power generation, analyse key recent market events and discuss the impact on trading.