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| Name | Day-ahead and intraday electricity trading (The Energy Academy - S3 E7) |
| Video Uploader | Video From Modo Energy |
| Upload Date | This Video Uploaded At 17-03-2023 12:23:18 |
| Video Discription | Neil again! Welcome back to The Energy Academy. In the last few episodes, we looked in detail at forward and futures markets - where electricity is traded for a specific price in advance of delivery. But advance forecasts are never completely accurate - and so suppliers have to fine-tune their predictions - the industry term for this is “adding shape”. They do this to meet more dynamic, up-to-date forecasts of their customers’ demands. This is where the spot market comes in. The spot market is for day-ahead and intraday trading. It’s called the ‘spot’ market because it’s the market for ‘on-the-spot’ trading, as in, trading for the here and now. And ‘day-ahead’? Yep, you guessed it - day-ahead trading means that electricity is bought and sold for delivery at some point during the following day. Intraday trading (sometimes called “within-day” trading) means that electricity is bought and sold for delivery on the same day. Find out more: https://platform.modo.energy/phase h2MJo-iw7NA |
| Category | Entertainment |
| Tags | Entertainment Download MP4 | Entertainment Download MP3 | Entertainment Download MP4 360p | Entertainment Download MP4 480p | Entertainment Download MP4 720p | Entertainment Download MP4 1080p |
