Of twists and turns and the meaning of Tiwai
We talk about the Tiwai Pt aluminium smelter almost every day at work – will it stay, or will it go? But it occurred to me today that I have absolutely no idea what Tiwai means in Te Reo Māori. I went searching, and was surprised at what I found.
Read More
New Option Contract: Cap 300
A new hedge contract started trading in September 2020. It’s a cap product with strike price of $300/MWh. Over 320 of these contracts traded so far, but we still don’t know who is selling them.
Read More
Electricity Contract Indexes September, Issue 150
The main index continued its fall this month, as did both the FPVV and CFD indexes. The traded volumes in the indexes were relatively low again this month, perhaps as a result of lockdowns, but this may be pure coincidence.\Read More
Price Formation with 100% Renewable Electricity
This week Greg Sise provides a summary of his presentation on the problem of price formation with 100% renewable electricity, which he presented at the the Electricity Authority’s Market Development Advisory Group (MDAG) recently.
Read More
Energy Link’s 25th Anniversary
Thursday of last week, 2nd September, marked the 25th anniversary of Energy Link Ltd. This post is a reflection on company and personal history, against a backdrop of an industry in transition. Over the last 25 years, it’s fair to say that some things have changed, but then some things have not.
Read More
Hedging Fundamentals Part 5 - The role of forecasting in hedging
Forecasts of spot prices are an important tool in the hedging toolkit, and this post provides an overview of the role of forecasts in hedging.
Read More
Electricity Contract Indexes August, Issue 149
The main index fell this month, as we expected it would.\But there were only three contracts to include in the indexes, one each for CFD and FPVV, which is unusual, but not unprecedented. Read More
Contract Indexes August, Issue 149
The main index fell this month, as we expected it would. But there were only two contracts to include in the indexes, one each for CFD and FPVV, which is unusual, but not unprecedented.
Read More
Perspectives on the 9th August Outages
The blackout event of Monday 9th August caused a huge amount of negative publicity for the electricity market, but let’s take a closer look at some interesting aspects of this event.
Read More