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Business worth billions Technologies trade electricity based on weather forecast

Business worth billions Technologies trade electricity based on weather forecast
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Mogensp sorensenJavier blasNorlys energy tradingEastern europeDanske commoditiesEuropean agencyEnergy regulatory authorities

Energy Traders Thrive Amidst Europe s Renewable Energy Surge

Danish energy trading companies are making significant profits by using automated trading based on weather patterns to balance the renewable energy supply and demand in Europe, though this raises concerns about the impact on energy poverty.

Mogensp sorensenHaley zarembaElsevier academicWhile the european commissionEuropean unionAcademic pressEuropean commisionEuropean commissionEnergy tradingDanish tradersAutomated trading