Energy Trading and Risk Management
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US Energy Prices Push US Producer Price Index up 0.8% in June - Action Forex

US Energy Prices Push US Producer Price Index up 0.8% in June Producer prices jumped 0.8% in June 2013, which was a faster pace of increase than the already sizeable 0.5% increase in May.
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Bluefield Solar Income raises £130m - Citywire

Bluefield Solar Income raises £130m - Citywire | Energy Trading and Risk Management | Scoop.it
Solar energy infrastructure fund starts trading on the LSE following successful IPO backed by major investors. (Bluefield Solar Income raises £130m: Solar energy infrastructure fund starts trading on the LSE following succ...
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Platinum prices could rise in 2013 on limited supply

Platinum prices could rise in 2013 on limited supply | Energy Trading and Risk Management | Scoop.it
Analysts say prices of platinum could rise next year as markets digest limited supply from top producer South Africa, where output has fallen sharply over the last year.

 

Author: By Siddesh Mayenkar

 

"Prices of platinum could rise in 2013 as markets digest limited supply from major producer South Africa, analysts said at an industry conference on Saturday, with platinum trading at a premium over gold.

 

"South Africa accounts for 80 percent of platinum supply and its producers have seen output fall sharply over the last year because of industrial action and a flurry of government-imposed safety stoppages, sending prices to their highest level in more than three months.

 

"Major producers may start shutting down mines on high labour and energy costs, Jeremy East, global head of metals trading with Standard Chartered Bank, said on the sidelines of the India International Gold Convention. ..."


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JPMorgan electricity fraud shows why energy trading schemes are lucrative, rampant, and well worth the risk

JPMorgan electricity fraud shows why energy trading schemes are lucrative, rampant, and well worth the risk | Energy Trading and Risk Management | Scoop.it

Regulator proposes to penalize JPMorgan for giving it the runaround in a probe of an earlier bid-rigging allegation in the California electricity market.

 

by Michael Hiltzik, LA Times

 

We all know what corporate law firms are for, right? To represent their clients' interest fairly and professionally, of course. To obfuscate, obstruct, delay, misdirect — sometimes that too.

 

So the saga of JPMorgan Ventures Energy Corp. and a slick little two-step it engaged in with its two law firms to fend off the Federal Energy Regulatory Commission bears exceptional interest, not least because its outcome may hint at a new approach to enforcement by that long-overmatched agency.

 

To put things in a nutshell, JPMorgan's electricity trading operation was accused of bid-rigging by the California Independent System Operator, which manages much of the state's wholesale power market through regular auctions. We explained in an earlier column how the alleged scheme in 2010 and 2011 may have cost California ratepayers as much as $200 million.

 

FERC duly launched an investigation of JPMorgan's trading, which will take months at least and could cost the firm a maximum of $1 million for every day it's found to have violated trading rules. Given that revenue of $14 billion a year flows into the JPMorgan division that houses the energy trading unit, that fine wouldn't count for much more than a rounding error.

 

That may be why manipulation seems to be a chronic disease of the California wholesale electricity market — and of those in other regions. For example, FERC has accused Deutsche Bank's energy trading arm of bogus bidding in the California market and threatened it with a $1.5-million penalty. Deutsche Bank has until Oct. 19 to respond to the allegations. [MORE]


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Eka expands further into US agriculture markets with Mitsubishi subsidiary, Agrex

Eka expands further into US agriculture markets with Mitsubishi subsidiary, Agrex | Energy Trading and Risk Management | Scoop.it
Eka Software Solutions, a global provider of advanced commodities and energy trading and risk management technologies (CTRM & ETRM), today announced further expansion into the US and global grain markets.

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The Energy Report - Changes - Commodities & Futures

The Energy Report - Changes - Commodities & Futures | Energy Trading and Risk Management | Scoop.it
Oil prices pull back on a report by the International Energy Agency and a report by Genscape about a possible outage of the Seaway Pipeline. Gasoline prices stayed strong on refining issues as well as demand and exports.
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INSPIRED ENERGY PLC : Trading Update and Notice of Results - 4-traders (press release)

INSPIRED ENERGY PLC : Trading Update and Notice of Results - 4-traders (press release) | Energy Trading and Risk Management | Scoop.it
INSPIRED ENERGY PLC : Trading Update and Notice of Results
4-traders (press release)
The Group launched a new SME division (EnergiSave) in late 2012 in order to provide energy consultancy services to SMEs in the UK.
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Analyst, Trading and Supply Operations

Analyst, Trading and Supply Operations | Energy Trading and Risk Management | Scoop.it
Is this You? Analyst, Trading and Supply Operations Houston, Texas   Your Opportunity: Learn more about what people have to say about working with Just Energy: http://bit.ly/TEvLKI.   Is Just Energy Group the place for you?
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TRAGIC Europe Is Becoming A Green-Energy Basket Case

Europe Is Becoming A Green-Energy Basket Case, The Day Europe Killed The Green Agenda, Green energy on the back foot after carbon trading blow, The debt-ridden EU stares bankruptcy in the face, The Climate Circus Leaves Town, Thatcher, the EU and ...

Via #BBBundyBlog #NOMORELIES Tom Woods #Activist Award #Scoopiteer >20,000 Sources >250K Connections http://goo.gl/ruHO3Q
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China Electrical Grid and Carbon Trading Development | The Energy Collective

China Electrical Grid and Carbon Trading Development | The Energy Collective | Energy Trading and Risk Management | Scoop.it
This is the first post of a multi-part series on Transforming China’s Grid, where I will be critically examining China’s efforts to reinvent and decarbonize its power sector and related energy goals.

Via SustainOurEarth
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Shrinking oil price spreads shake up crude trade - Financial Times

Shrinking oil price spreads shake up crude trade - Financial Times | Energy Trading and Risk Management | Scoop.it
Shrinking oil price spreads shake up crude trade
Financial Times
“We're in the first inning of a Cushing draw,” says Michael Guido, who works with hedge fund energy traders at Macquarie Bank. WTI's strength has lured back money managers, too.
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I will Survive – Making Money with Natural Gas Storage in the Shale Era | RBN Energy Network

I will Survive – Making Money with Natural #Gas Storage in the Shale Era - http://t.co/j108WhjYw3 #trading #energy @rustybraziel
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