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by jplr8922 1690 days ago
Note : I am an ex quantitative and algorithmic power trader in the NYISO market

I totally agree with the analysis and conclusion of this article. The power grid is is a complex legal, economic and engineering system where our usual political narratives cannot produce a valid analogy for our common understanding. Right now, most green power sources (except non run-of-the-mill hydro) have non-controlable and hardly predictable outputs. Wind is much harder to forecast than temperature, and not every market are equiped to deal with the new variability. This create price distortions and other unintended consequences. Pushing against nuclear when there are still coal power plants running is nonsense, and in my opinion proves that twitter beats sound policy in terms of political priorities.

What I do not like in this article is the tendency to regroup all fuels type together and call them 'dirty'. Coal, natural gas and gasoline are not equals, and play different roles in electricity production...

3 comments

> Note : I am an ex quantitative and algorithmic power trader in the NYISO market

That's why I love HN. Most conversations would have people like him chiming in and giving their views. We should all feel privileged that this forum exists.

How did you like being a trader?
I liked the 'data analysis' part, and 'buidling your own trading software part'. However the work environment was very toxic for me, and it ended in a minor burnout. Now I work as a kind of Product Owner in a startup where I highly respect my boss, and I am super happy about it!
Gotcha. I work in this industry, but not as a trader. I figured it would be pretty rough. I too would also love to build my own software stack from the ground up.
that’s why he focused on carbon outputs.