European power trading innovation: The rush to intra-day
The profits to be made from optimising a portfolio on a close-to-real-time basis have driven a significant shift in the market
It would have been difficult to imagine, just a few years ago, that a German spot power market participant would have not traded the day-ahead market. But that is exactly what customers are now telling Georg Ostermaier, managing director of German software firm Decision Trees. The rise of the intra-day market has been a European power trading mega-trend in recent years. Ostermaier tells Petroleum Economist more. Georg Ostermaier, managing director of Decision Trees What is Decision Trees’ core offering in the in the European electricity space? Ostermaier: Our core product is a comprehensive software system called DT Energy, which is a d
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