Supported renewables have lowered the wholesale price
European power trading innovation: Taking the short term to the long
The rise of renewables has revolutionised short-term trading. But that will have a feedback loop to the longer-term market
“When you look now at forward markets, you are not looking at trading multi-seasons at a time, you are looking at, effectively, lots of small intra-day decisions.” So says Rajiv Gogna, partner and development lead at consultancy LCP. LCP began its power market analytics journey focused on the long-term outlook for the market, followed by analysing the intra-day, but the requirement to optimise on a continuous basis is driving an expansion of its offering. “The ambition is to join up the different parts of the curve in terms of no longer just looking at the intra-day itself, but rather looking at what does intra-day versus 20 years’ time look like” says Gogna.
Also in this section
6 February 2026
The long close relationship between key supplier Qatar and pivotal buyer Japan becomes even deeper following new landmark deal
6 February 2026
Partnerships across the LNG value chain have evolved over time, growing in both complexity and importance, according to panellists at LNG2026
6 February 2026
Nigeria's mega-refinery is still trying to solve many challenges, all while its owner talks up expansion
5 February 2026
While broadly supportive of EU efforts to tackle methane emissions, representatives of the gas industry warn it could deter supply contracting if timelines and compliance requirements are not made more pragmatic
