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New generation from this Viking city is reshaping European electricity mkts

The companies employ more than 300 people in Aarhus for this niche market, split across at least six firms including Danske

New generation from this Viking city is reshaping European electricity mkts
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RBI took a tough stance against a special dispensation to the power industry, saying this would invite similar representations from other sectors and lead to more litigation

Jesper Starn | Bloomberg
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.

Most of them are in their 20s or 30s and form a new generation seeking to make a buck by predicting the wild swings in electricity prices caused by a few more hours of sunshine or a fresh blast of wind. Europe’s unprecedented shift toward renewable energy helped quadruple activity last year in the region’s biggest market for power delivered on the same day.

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