European power trading innovation: The imperfection of data
While transparency and data provision have made huge strides, there are still information gaps and quality problems, warns the founder of UK power analysis firm Catalyst Commodities
“We have, in addition to our presentations and expert written analysis, invested massively in our platform—that is our extra five people.” So says Paul Monk, who founded UK power price forecasting service Catalyst Commodities in 2014 after over a decade of power trading and analysis experience with French utility EdF and with Deutsche Bank. Given Monk’s spend on data processing capabilities, one might expect him to be a full-throated evangelist for the information explosion in the UK and European power markets. But he has some caveats, around quality of data and around the UK market’s much-vaunted commitment to transparency. Catalyst fo
Also in this section
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
21 November 2024
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
20 November 2024
The oil behemoth recognises the need to broaden its energy mix to reduce both environmental and economic risks