Thomson Reuters Releases Power Markets App on Eikon

The new tool will help power companies balance supply and consumption, and help traders plan day-ahead strategies.

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The app combines supply and demand forecasts, regulatory announcements, weather forecasts and intra-day prices from the European Power Exchange (EPEX), which operates day-ahead power markets for France, Germany/Austria/Luxembourg and Switzerland, to generate intra-day predictions of price movements for EPEX-listed securities.

The application looks at up-to-the-hour weather forecast data from the Global Forecast System, a weather forecast model produced by the National Centers for Environmental

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Waters Wrap: The tough climb for startups

Anthony speaks with two seasoned technologists to better understand why startups have such a tough time getting banks and asset managers to sign on the dotted line.

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