[currymj]

the griddy model is that everyone should take a sort of second job as an electricity trader, but not make any money doing it.

it wouldn’t be a problem if it were just a matter of paying a little more or less, that would be great.

but there are catastrophic tail risks. so you have to constantly be watching because if your vigilance slips for even a few hours at a crucial time it could financially ruin you. traders at least get paid to do this and can de-risk when they need to.