A handful of privately owned Danish energy trading companies are upending European energy markets. Companies employing automated trading desks – the industry term for computers that run trades based on complex algorithms – are buying and selling huge volumes of energy contracts based on weather conditions impacting electricity consumption on one end and renewable energy production on the other.
And they’re getting filthy rich in the process. This type of energy trading is considered to be an important part of the new energy…Energy Traders Thrive Amidst Europe’s Renewable Energy Surge
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