Episode description

Curious about the world of power trading? The sector has undergone significant changes over the years and is continuing to evolve as the generation stack transforms. This episode explores the shift from manual trades to data-driven strategies and examines how these changes have impacted the market. We explore the complexities and strategies involved in power trading, focusing on the role of renewable energy in today’s trading landscape.

In this Modo Selects episode, we revisit an earlier conversation from January 2023, featuring Julie Arnold, Head of Power, Gas, and Emissions at Dare. Julie shares her extensive experience in the evolving energy markets, delving into the complexities of power trading.

Over the conversation Quentin and Julie cover the following key points:

• An overview of power trading and its evolution over the past 20 years.
• The impact of interconnectors on the market.
• The role of data and information flow in power trading.
• The effects of Exchanges entering the market and how they have transformed the landscape.
• Julie’s insights on what makes a great power trader.

About our guest

Dare are an energy tech company generating liquidity and value across global commodities markets.

Combining deep trading expertise with proprietary technology, Dare are harnessing the power of data science to help the world reach a renewable future, faster. They plan to help renewable asset owners navigate the energy markets, secure superior returns, and create long-term investment plans for a more sustainable future. For more information visit their website.

About Modo Energy

Modo Energy provides benchmarking, forecasts, data, and insights for new energy assets - all in one place.

Built for analysts, Modo helps the owners, operators, builders, and financiers of battery energy storage solutions understand the market - and make the most out of their assets. Modo’s paid plans serve more than 80% of battery storage owners and operators in Great Britain and ERCOT.

All of our podcasts are available to watch or listen to on the Modo Energy site. To keep up with all of our latest updates, research, analysis, videos, podcasts, data visualizations, live events, and more, follow us on Linkedin or Twitter. Check out The Energy Academy, our video series of bite-sized chunks explaining how different battery energy storage systems work. For more information on interconnection to the grid, check out our written research.