3 ms·

My quant mind is sprained by the implied volatility around the mean.

• konschubert 6mo ago
  sorry, can you elaborate? I am happy to fix it or add a caveat comment to the methodology section.
• wongarsu 6mo ago
  It is incredibly volatile. Spot prices in the day-ahead auction for tomorrow are between -39€/MWh and 201€/MWh. And that's a pretty normal amount of volatility for this time of year https://energy-charts.info/charts/price_spot_market/chart.htm?l=en&c=DE&interval=month&legendItems=jy5y7 https://energy-charts.info/charts/price_spot_market/chart.ht...
  • konschubert 6mo ago
    We need more batteries for sure.
• pjc50 6mo ago
  Would be good to have more than a one sentence explanation of what you mean, but this is a result of low storage. In the oil market, if prices are too volatile you just stick it in a tank until they stabilize. You only get negative prices if all the storage is full, which happened to WTI once.