This viking city is reshaping European electricity markets
Short-term commodity traders operating from the Danish city Aarhus are making fortunes on price arbitrages between European electricity markets and at the same time matching surpluses and shortages from intermittent renewables, helping to render green power highly fluid and efficient throughout the union's grids.
By Bloomberg News, Jesper Starn
On a sunny and windy autumn day, scores of energy traders are glued to banks of screens in offices ranging from a tiny basement to some of the plushest buildings in the Danish city of Aarhus.
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