Electricity and Gas Trading

What does Physical Electricity trading entail? What goes into a "physical" electricity trade? What firms are trading electricity and the grids, such as ERCOT and West Coast. Also, what goes into a Natural Gas trade? How is Natural Gas transported mainly, is it through pipelines or another way? Also, what firms are big Natty Gas trading? I believe Vitol is, but outside of that, I'm not too sure who is big in the space. Sorry if these questions are very basic, I just really don't know much about this realm of commodities trading / physical commodities trading.

15 Comments
 

Sorry mate don't have answer but it's so telling of our world when good posts like these go unanswered while racist troll posts get a ton of engagement.

 

FYI this is mostly large physical players after a 2 min brainstorm while I wait for the train.

Power:

MS

Shell

EDF

DE energy

Aspire

vitol

Eversource

Lots of small players trading short term

Freepoint

  • fyi you can see who is registered on every ISO website

Gas:

BP

Shell

Macquarie

Castleton

Citadel

GS

EDF

Uniper

Direct/ nrg

Trafi

Mercuria

Freepoint

Hartree

DE Shaw

Yes gas is moved and traded through pipelines or storage hubs.

 

Physical power is moved through transmission lines. When trading physical power, you buy a specified amount of energy for a specified amount of time from a source and sell it to a different source for a better price. You usually buy rights to the transmission lines to move said power to the other end. Of course the trading part is still a simulated environment and you’re not moving literal electrons across the map.

 

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