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How energy markets actually work (and why prices behave the way they do)
Energy prices are often treated as something that can be adjusted directly — raised, lowered, capped, or corrected through policy decisions.
Drift in Practice: How Energy Markets Slowly Lose Coherence
Drift in Practice: How Energy Markets Slowly Lose Coherence Energy markets continue to function. Power is delivered. Prices clear. Institutions meet their mandates. From the outside, the system appears intact. That appearance is precisely what makes drift difficult to recognise. Drift does not present itself as crisis. It presents itself as continuity — a system […]
Markets and power: what business and policymakers are watching this week
Markets and power: what business and policymakers are watching this week Investors, executives, and policymakers are entering the week facing a familiar mix of economic uncertainty, regulatory pressure, and geopolitical risk. While no single announcement has reset expectations, several themes are shaping decision-making across markets and institutions. 1. Interest-rate expectations remain finely balanced Market pricing […]