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Gas trading is dealing with a massive increase in the volatility of gas prices. (Image: RWE Supply & Trading GmbH)
Essen/Duisburg (energate) - Wholesale energy trading and procurement are facing an "epic upheaval" as a result of a massive increase in uncertainty. The background is the high volatility due to the Ukraine war, especially in the natural gas spot market. "We are dealing with a turning point that can quickly become existential," said Michael Arnold, managing director of the trading subsidiary of Stadtwerke Duisburg, at the "Handelsblatt Jahrestagung Stadtwerke" ...
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