Archive for October 6th, 2006

The Square Root of Negative Three

6th 2006f October, 2006, Peter

British wholesale gas prices are now negative, due to the sudden arrival of supplies from Norway. Because of storage constraints, firms need to offload supplies. One wonders if the designers of the IT systems of the gas suppliers allowed for negative prices.
Technorati Tags: gas prices

Posted in Forecasting & Modelling, UK Energy Policy | No Comments »