The technology trap

Large banks are increasingly looking to energy trading to improve liquidity and develop relationships with large institutional and industrial clients. James Kemp looks at some of the technological challenges they face

Recent years have seen a dramatic change in the way supply and demand is managed within the energy value chain. The energy sector, previously closely coupled to governmental bodies, has experienced a substantial structural change as a result of deregulation. The change has given birth to the energy market and energy trading. Initially a niche market with few participants (mainly consisting of large local utility companies), the area is now witnessing increased interest from large banking

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