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Andrew[_22_] Andrew[_22_] is offline
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Default OT: Electricity speculation

On 10/03/2021 13:10, Theo wrote:
However there is another way. Buy a futures contract for one year's worth
of electricity. That way you've fixed the rate for your consumption and
aren't subject to peak market pricing, but can time the market to pick the
best forward price.


These tend to be the companies that fail not long after a 50-year
weather 'event' because they have sold long, and cheap but have to buy
short, and expensively.