I have been working in the energy market for about 14 years. I am recommending your videos now to new starters and people willing to understand the mechanics of the energy markets. Very well done for being able to explain these concepts in an intuitive manner.
Hi Mfaracing, Thank you very much for your comment and support! Hope that my video will enable your new starters to get their foot in the energy industry faster :) Best, Bilal
Hey there, I'm thinking about moving laterally in my company to Electricity markets/trading. Any recommendations on programs and software I should brush up on? Right now I am well versed in excel.
I'm from Manitoba Canada, we have mostly Hydro ....I loved hearing the phone ring in the control room around 6 AM coming from central command . We always had the call on intercom ... So all staff were aware of what was going .... Command would say "More Power Scotty" with a clock sync . Then as a Tech I would go to the unit and observe the start chain . It never got old 👍🏻🇨🇦
Most newbies fail simply because they don't understand how the market works in general or in particular how the market relates to stock or currency pair they entering. If a retail trades doesn't grasp what the market makers are doing and when they are doing it, the greatest strategy in the world will fall. For new traders the markets are like entering an F1 race before you've passed your drivers license test. I am a beginner I never believe I made $30,000 in just 1 week from trading and with the market. an expert financial analysis and he made me learn to read and understand the language of price action. He guides me with the exact time frame to trade and now I just received me first withdrawals of $30k in my bank account today I'm very happy, my advice is for you to contact him he will guide you perfectly well, and thank me later, I guess this is a good way to show my heartfelt appreciation for literally breaking the chain of my financial debit when I needed it most (friedrichwalter533@gmail...com)
I'm an energy & environmental engineering student and man your videos are EPIC!!! I can finally understand the basic concepts of those complicated equations we're learning - thank you SO SO MUCH!!!
In my country, the electricity market is not liberalised yet. Actually I just wanna tell this is the first clip that help me understand basics of all kinds of electricity markets. Thanks a lot.
I revisit this video every couple of months - such a good place to refresh when looking to digest updates to market structures and new regulatory proceedings.
Most newbies fail simply because they don't understand how the market works in general or in particular how the market relates to stock or currency pair they entering. If a retail trades doesn't grasp what the market makers are doing and when they are doing it, the greatest strategy in the world will fall. For new traders the markets are like entering an F1 race before you've passed your drivers license test. I am a beginner I never believe I made $30,000 in just 1 week from trading and with the market. an expert financial analysis and he made me learn to read and understand the language of price action. He guides me with the exact time frame to trade and now I just received me first withdrawals of $30k in my bank account today I'm very happy, my advice is for you to contact him he will guide you perfectly well, and thank me later, I guess this is a good way to show my heartfelt appreciation for literally breaking the chain of my financial debit when I needed it most (friedrichwalter533@gmail...com)
Great video! One thing to add - when generators guarantee energy, and they don’t produce that amount (I.e. breakdowns, unplanned maintenance and outage isn’t approved) there is a possibility of penalties, which can be high because the energy may still be needed and the generator may have to purchase replacement power at market price in inter-day market (which is usually the highest price!)
Hey Martin thanks for your comment! You re totally right I should have approached the penalties in case of energy non deliveries, but I wanted to keep the video as short as possible :) Have a great day!
This was so helpful! I’m preparing for an interview as a BA supporting Day Ahead Traders and all of this is new to me, I really appreciate the simple breakdowns and the clear, visual examples. Saving this for later!!
This has been a very helpfull video. I've been working in the energy transition field for almost three years now and this is the first time I actually fully understood this topic.
Most newbies fail simply because they don't understand how the market works in general or in particular how the market relates to stock or currency pair they entering. If a retail trades doesn't grasp what the market makers are doing and when they are doing it, the greatest strategy in the world will fall. For new traders the markets are like entering an F1 race before you've passed your drivers license test. I am a beginner I never believe I made $30,000 in just 1 week from trading and with the market. an expert financial analysis and he made me learn to read and understand the language of price action. He guides me with the exact time frame to trade and now I just received me first withdrawals of $30k in my bank account today I'm very happy, my advice is for you to contact him he will guide you perfectly well, and thank me later, I guess this is a good way to show my heartfelt appreciation for literally breaking the chain of my financial debit when I needed it most (friedrichwalter533@gmail...com)
I had been struggling to understand the power market but this video gave me a great clarity. Thank you so much for putting this together and explaining with such simplicity.
Congrats on this video and the great explanation you gave. I'm just writing this comment to also help the algorithm hoping you'll get more views for this. You deserve it!
Great video, loved it! However, I have a small problem with the last chart with the reserves (frequency control). It is a bit misleading. In this chart it seems that secondary and tertiary reserves are used only if primary is not sufficient. In reality, primary reserves should be able to cover the loss of the biggest unit in operation (n-1 rule). If it is not sufficient, then briefly some of the consumers will be disconnected to decrease the demand. Ok, then why do we need secondary and tertiary reserves? If something else happens what disrupts the system balance, then we are screwed. For this reason, primary reserves have to be quickly replaced by the secondary reserves and afterwards by the tertiary reserves. Primary reserves are used for frequency containment, thus it is called Frequency containment reserve, secondary for restoring the frequency (Frequency restoration reserve) and tertiary for replacing secondary reserves (Replacement reserve). P.S. At least this is how it works in EU. In US it is almost the same just with the different naming.
This was an excellent and very informative video. You did a great job laying out the conceptual basics and fundamentals of how electricity is priced and sold. Thank you, sir!!!
Thanks for the video. It seems that this entire capacity system stems from the inability of energy suppliers to store their electricity until it’s needed (storage is industrially uneconomical). Very interesting.
Most newbies fail simply because they don't understand how the market works in general or in particular how the market relates to stock or currency pair they entering. If a retail trades doesn't grasp what the market makers are doing and when they are doing it, the greatest strategy in the world will fall. For new traders the markets are like entering an F1 race before you've passed your drivers license test. I am a beginner I never believe I made $30,000 in just 1 week from trading and with the market. an expert financial analysis and he made me learn to read and understand the language of price action. He guides me with the exact time frame to trade and now I just received me first withdrawals of $30k in my bank account today I'm very happy, my advice is for you to contact him he will guide you perfectly well, and thank me later, I guess this is a good way to show my heartfelt appreciation for literally breaking the chain of my financial debit when I needed it most (friedrichwalter533@gmail...com)
Most newbies fail simply because they don't understand how the market works in general or in particular how the market relates to stock or currency pair they entering. If a retail trades doesn't grasp what the market makers are doing and when they are doing it, the greatest strategy in the world will fall. For new traders the markets are like entering an F1 race before you've passed your drivers license test. I am a beginner I never believe I made $30,000 in just 1 week from trading and with the market. an expert financial analysis and he made me learn to read and understand the language of price action. He guides me with the exact time frame to trade and now I just received me first withdrawals of $30k in my bank account today I'm very happy, my advice is for you to contact him he will guide you perfectly well, and thank me later, I guess this is a good way to show my heartfelt appreciation for literally breaking the chain of my financial debit when I needed it most (friedrichwalter533@gmail...com)
So I decided to learn/watch videos on electricity trading after watching a made say he trades the most volatile market, the electricity market, what is it to trade electricity?, is it like to trade stocks and foreign exchange?, how is it traded?. From you video, I could tell it’s by an individual (a HNI) going to a power generating company or something to purchase electricity in written contract and further processes to be carried out where he or she negotiates with a distributor for a sale price/fee or percentage paid by the final consumer, is this how it’s done? You also said some distributors produce electricity, meaning some don’t too and they rely on these people who buy electricity to sell for them at retail price. Or is this done through exchanges like crypto, forex and stocks. Please I need answers, someone/anyone. Greate video
Hello Bilal, thank you so much for your video, very clear and concise. Could you probably make a video distinguishing the capacity markets and only energy markets? For example Germany and UK markets? Thank you so much! Keep the good job!
@4:59 , Your said that if consumer wants to book 2 months in advance, then it would be traded in day ahead market, I think the market for derivatives (futures/options) is responsible for it, not the spot market (day ahead). Otherwise great explanation, thanks
