Snapper Creek Energy is expanding its operations to address the increasing volatility in electricity markets. The commodity brokerage has established a dedicated power team to navigate the challenges and opportunities arising from the growing demand for power from artificial intelligence and the impact of extreme weather events on energy grids. The team will focus on real-time monitoring, trading, and risk management across ERCOT and PJM regions, employing both fundamental and quantitative strategies. Their capabilities include short and long-term power trading, load forecasting, generation analysis, dispatch modelling, congestion and nodal pricing, and regulatory analysis.
Snapper Creek aims to provide clients with sophisticated, region-specific trading strategies to capitalise on opportunities within complex power markets. The expansion includes coverage within PJM, one of North America's largest electricity markets, diversifying Snapper Creek's offerings and providing market access to a growing energy market. This strategic move underscores the company's commitment to capturing value in structurally complex power markets, benefiting its global clientele, including banks, hedge funds, and oil companies.
