Nodal Exchange

Ercot's Doggett on keeping the lights on in Texas

Despite worries about a shortfall in generation capacity, Trip Doggett, president and chief executive of Ercot, is proud that Texas has the liveliest deregulated power market in the US. He speaks to Alexander Osipovich

US power markets switch to nodal trading

Several North American power market system operators have switched to a nodal system in recent years in search of greater market transparency, more granular and accurate pricing and the ability to manage congestion more precisely. Pauline McCallion looks…

Pass the microphone: Preston to Cusenza

What have power trading and personal genetics got in common, and what are the advantages of a clearing house using VAR to calculate margin? Ben Preston, head of power trading at Macquarie Energy, puts his questions to Paul Cusenza, CEO of Nodal Exchange

Sponsored Q&A: Exchanges

Paul Cusenza, Chief Executive Officer, discusses the advent of Nodal Exchange, its unique offering in the US power market and his belief that much of the OTC cash-settled power market in the US can be put on exchange

The LMP supermodel

With Ferc’s standard market design (SMD) seeking a shift from zonal power pricing to nodal pricing, the concept of locational marginal pricing (LMP) has become a key policy issue. Henwood Energy’s Vikram Janardhan proposes 10 key modelling features to…

Models of good behaviour

The development of new models that describe the real dynamics of energy prices have to take into account the behavioural aspects of market players. The problem is how to quantify these aspects. Maria Kielmas reports

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