Notes on energy markets, technology and the discipline of systematic trading.
Volatility, fragmentation and the sheer velocity of European day-ahead and intraday power markets have turned execution into a software problem. Here is how we think about it.
Wind and solar have made generation a weather problem. Probabilistic machine-learning forecasts let us price that uncertainty instead of fearing it.
The most expensive risk failures happen when controls live outside the trading loop. We encode them inside it.