Zap! Here Comes Electricity Trading

As Europe deregulates, power exchanges are plugging in

Traders love to deal. Gold. Wheat. Oil. Pork bellies. Currencies. And juice. Not just the stuff you get from oranges, but also electricity. Utilities with spare power capacity offer contracts to deliver kilowatt-hours on the open market. Traders swap them back and forth, and power companies can buy them to make up shortages.

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