Power and gas trading
Energy prices go up and down depending on supply (in this case energy production) and demand (energy consumption). Basically, the overall target for an energy trader is to buy low and sell high. In reality, it is of course much more complex than this, since there are numerous factors that influence prices at a moment’s notice – for example the weather, outages and consumer behaviour.
Our traders have many different backgrounds, from PhD’s in cosmology to finance and real estate brokerage. But what really characterises a good trader is an innate competitive spirit, a winning mentality as well as the ability to think quickly and keep a cool head under pressure.
In our trading teams, there are several analysts, who help provide the strategies, analyses and data that our traders base their decisions on. These analysts are highly specialised within numerical or quantitative techniques, engineering, physics, meteorology or similar.
Lastly, our trade support team helps our traders schedule and complete electricity flows to ensure overall balance in the power grids. They are also in contact with counterparties and exchanges and develop trading tools using various programming languages. To work in the support team, you have to be very diligent and systemised.