Untamable, Overlapping Electric Power Markets
As a commodity, electric power has always has been a difficult trade. To simplify, investors used independent power producers as their proxy to the power markets. They could be making a mistake.
Unlike oil and natural gas, where West Texas Intermediate and Henry Hub are frequently used as benchmarks, North American power markets offer no national clearing price. Several attempts have been tried; all failed....705 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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