Post by Abaxx Technologies
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"Price at the plug is replacing price at the pump as the key energy anxiety." The rapid buildout of AI and data centers is concentrating demand for reliable, baseload electricity, often backed by gas-fired generation. At the same time, a growing share of power is coming from renewables, creating new challenges in managing variability in power markets. These challenges have created a competitive landscape where oil majors are now head-to-head with new, tech-enabled trading firms, as well as the tech giants who are transforming into major power off-takers, and setting up their own trading desks. Chief Strategy Officer David Greely joined the Power Trading panel at #FTCommodities to discuss how global power markets are emerging as a defining force in the modern economy — and the tools and infrastructure needed to manage risk and establish reliable price signals.