
The secrets of successful energy trading firms
The energy trading world has seen various companies come and go over the years, including utilities, commodity trading houses and banks. Some of those firms have proven to be phenomenally profitable, while others have not. What is the recipe for success? Gillian Carr reports

For the past 20 years, Energy Risk has reported on the many ups and downs of the global energy market. During that time, energy derivatives trading has grown exponentially, natural gas and power markets have been deregulated, the commodity supercycle has risen and fallen and a number of risk management foul-ups have rocked the industry. Meanwhile, a range of companies – including utilities, commodity trading houses, merchant generators and banks – have entered and exited the energy trading
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