Hi all !
I am a Junior Power trader (prop only) in a small european boutique ! I trade power in different countries on a short term basis (days and weeks).
On this time frame, weather is king ! I have basis in weather understanding but I can't properly explain a move from one forecast run to another - which seems normal as super computers run half a day for each run...
I look everywhere for other forecasters than ECMWF and GFS, other sources that do their own forecasts based on the original inputs of EC/GFS etc. in order to tale a position when one is very different from another.
However, it seems more like a random process than anything else to predict the next move of weather forecast (especially the wind...)
What do you guys think ? Is this a good way to trade the short term power ?
Happy to share on my little exp if you have any question !!