Thomson Reuters launches European power analytics tool

Thomson Reuters launches European power analytics tool

http://www.automatedtrader.net/news/at/142965/thomson-reuters-launches-european-power-analytics-tool

Thomson Reuters launched a tool designed to help traders predict prices in European power markets.

London/New York – Thomson Reuters launched a new analytics tool on its flagship Eikon product to help commodities traders and analysts predict prices in major European power markets.

The new tool, Power Curve, uses visualisation techniques to enable traders and analysts to obtain real-time, fundamental fair value assessments of the Nordic and German power markets, two of the most liquid power markets in the world.

Thomson Reuters said Power Curve combines power supply data available under REMIT, or Regulation on Energy Market Integrity and Transparency, with real-time fuel prices, weather, available capacity information and Thomson Reuters proprietary supply and demand models.

“Power markets are increasingly complex and news and price data alone are no longer adequate for traders to assess the fair value of power markets today. Understanding the impact of event-driven data such as weather, supply and demand changes and capacity information on power contracts is critical but also very time consuming,” said Stefan Reichenbach, head of commodities research and forecasts at Thomson Reuters.

“By adding event-driven market simulation models into Thomson Reuters Eikon, we are bringing together data from multiple sources, including data made available by REMIT, and providing energy professionals with a comprehensive visualisation of how such events drive market outcomes,” he said.

Reichenbach added: “Recently when a German nuclear power plant came back on-stream earlier than anticipated, Power Curve visually illustrated how demand would be met by plants with lower marginal cost and correctly anticipated the €2 drop in power prices.”

The Commodity Research and Forecasts service in Eikon provides weather, metals, agriculture and energy insight from a team of analysts from Thomson Reuters GFMS, Thomson Reuters Lanworth, Thomson Reuters Point Carbon and Thomson Reuters Weather Insight.

Thomson Reuters Signs Three-Year Eikon Deal with the European Central Bank

Agreement sees the European Central Bank (ECB) and 18 participating national central banks across Europe roll out Thomson Reuters flagship financial markets desktop Thomson Reuters Eikon to their staff.

via Pocket http://www.bobsguide.com//guide/news/2013/Mar/4/thomson-reuters-signs-three-year-eikon-deal-with-the-european-central-bank.html March 04, 2013 at 07:05PM

Thomson Reuters Extends Commodity Research and Forecast Service on Eikon to Include Metals Analysis

Thomson Reuters integrates Thomson Reuters GFMS analysis to provide Thomson Reuters Eikon customers with access to independent research and forecast analytics for the precious and industrial metals markets Thomson Reuters today announced it has extended its commodity research and forecast service

via Pocket http://www.bobsguide.com//guide/news/2013/Feb/20/thomson-reuters-extends-commodity-research-and-forecast-service-on-eikon-to-include-metals-analysis.html February 20, 2013 at 06:42PM

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via Pocket http://www.icap.com/news-events/in-the-news/news/2013/130218-thomson-reuters-and-ebs-provide-holistic-view-of-fx-markets-with-blended-fx-fixing.aspx February 19, 2013 at 04:27PM

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