Risk.net

Navigating a troubled road

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Much has happened in the year since EPRM last took a look at internet-based wholesale energy trading. But online exchanges still seem to be grappling with the same problems they faced a year or even two years ago.

Perhaps chief among those issues is market deregulation, which is proceeding at a snail’s pace – particularly in the US and Canada – in the aftermath of California’s energy crisis in the latter part of 2000 and early 2001. States and provinces are wary of change, and governm