The usage value 25 January 2022This article is based on a Twitter thread published on 25 January here (in French).A slightly geeky thread to cover the concept in its broadest sense (and surreptitiously declare my love for the EPEX order book). In economic terms, usage value refers to the value…
How did we adapt our Spot forecast to the context? 16 November 2021We have always assumed this, especially as the situation is the same for all, it is complicated to model what will become of the Spot prices D+1 at 8:00 am UTC the day before, in a market context…
Winter analysis 12 October 2021The energy crisis is on everyone's lips, or at least those of the initiated. At COR-e we repeat (too much?) often that there is no magic wand to predict the future, nevertheless we like to take the risk, and in the unprecedented context of this year,…
Industry: how to evaluate your risks and make the right purchases? 21 September 2021The evolution of power prices is causing a lot of concern among some market players. However, there is no specific tension in the European power market at the moment. Indeed, the historical power price increases we are…
Insights on our models and their performances during H1 2021 20 July 2021In the past few months, markets have been all over the place. Let’s take France for example: We have had a decreasing demand since January, as we should have. However, accompanying this decrease in demand, was a steady…
COR-e celebrates its 4th year ! 19 May 2021It is not much in absolute terms, but it is quite significant in an energy sector that only became liberalised in the early 2000s.Rather than recounting our short history, I'd like to offer some original figures and thoughts on the market from…
Is there a "fair value" for power and what is it used for? 13 April 2021Since the early 2000s, day-ahead auctions have been one of the pillars of the short-term power markets. They give generators visibility on their operating schedules, suppliers access to hourly hedging of their load curve, and…
Power: what role for humans in tomorrow's trading? January 12, 2021Behind this somewhat provocative title hides a reality: faced with recent market developments (data flood, AI, automated trading etc.) what will be the role of traders in the coming years? Some see them disappearing but we believe the contrary: their…
How to build a long-term market vision? November 9, 2020As Niels Borh used to say "Prediction is very difficult, especially if it's about the future". From elections to pandemics, recent history is littered with forecasting errors. Nevertheless, the exercise remains indispensable, particularly on the energy markets, for those who wish…
Why be interested in the spot market when you don't trade? October 13, 2020The spot power markets have developed considerably in recent years. In 10 years, the volumes traded on EpexSpot exchange have more than doubled, increasing on average from 6,000 to 14,000 MW per hour in France. This is…