Danske Commodities
Energy trading house.
What are the energy markets?
“In wholesale energy markets, large amounts of energy, like power and gas, are bought and sold. Markets allow energy producers, suppliers and traders to buy and sell energy in bulk down to a few minutes before the actual, physical energy is consumed.”
在公司资料中查看Why were the energy markets liberalised?
“Energy markets in Europe were liberalised in the 1990s to improve efficiency and lower prices. Up until the 1990s, many countries had state-controlled energy monopolies, which often led to inefficiencies, high costs and lack of innovation.”
在公司资料中查看Who are the market participants in European wholesale power markets?
“Producers: power producing units like wind turbines, solar panels, nuclear power plants or coal-fired power plants. Transmission System Operators (TSOs): entities that maintain and operate national high-voltage power grids, making sure that the grid operates smoothly and reliably.”
在公司资料中查看What determines the price of gas and power?
“The price of gas and power in wholesale energy markets is determined by supply and demand. When demand is high and supply is low, prices go up.”
在公司资料中查看What is a concrete example of how energy trading works?
“Imagine a windy day in Denmark. Because of the large amount of wind turbines installed in Denmark, the country produces more power on a windy day than the Danish population and industries can consume.”
在公司资料中查看