Many are called, few are chosen

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Traders are hardly the only ones to have benefited from the explosion in European electricity trading volumes in recent years. Consultants, lawyers and recruiters have also seen their revenues soar. Enron’s collapse has sown doubt and confusion among key participants, slowing development and shifting some market power back to incumbents.Nevertheless, the power trading business has survived, and some industry observers believe it will now prosper. Survival and the promise of future growth are