ansergy: western power market forecast and commentary

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Providing forecasts, analysis and market commentary for western power traders Mike Griswold Bill Townsend Scott Connelly www.Ansergy.com

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Page 1: Ansergy:  Western Power Market Forecast and Commentary

Providing forecasts, analysis and market commentary for western power traders

Mike GriswoldBill TownsendScott Connellywww.Ansergy.com

Page 2: Ansergy:  Western Power Market Forecast and Commentary

Ansergy Supports Power Trading

Forecast produced 3x a day

Commentary from Veteran Traders

Trading/Hedging Decision Support

Interactive web portal delivery

Page 3: Ansergy:  Western Power Market Forecast and Commentary

Fundamentals - Current and Historical

Complete set of current and historical fundamentals:

DemandWeatherGenerationTransmission

Context with deep history

Water flows converted to Energy

How is the weather forecast changing?

Digestible Visuals

Page 4: Ansergy:  Western Power Market Forecast and Commentary

Intraday Updates Early Bird

5:00am PT Mid-Morning 10am PT

Wrap Up9pm PT

12Z Weather UpdateNRC OutagesPre-market fuel pricesIIR outage updatesOff-peak actuals

18Z Weather UpdateNWRFC 10d ForecastUp to date actualsUp to date fuel pricesIIR outage updates

0Z Weather UpdateBPA TTC ForecastsCAISO Day Ahead SolutionSTP Impacts (Mondays)IIR outage updates Post-market power prices

Reflect Fundamentals Through the Day

Page 5: Ansergy:  Western Power Market Forecast and Commentary

Weekly Impact of STPMid-Week UpdateDiscussion of Water YearTrade Recommendations

- Reaction to hydro forecasts- Where is uncertainty in the

market- Which derivatives to look at and

why- Historical context to current

fundamentals- advice on how to interpret the

data and model outputs

Expert Commentary

Page 6: Ansergy:  Western Power Market Forecast and Commentary

Market Insights by Veteran TradersMike has over 25 years of WECC Term Trading with experience at Avista, Hafslund and Barclays. In 2002, Mike founded the industry leading analysis firm Powerlytix forecasting Western power markets. He has specialized in modeling the impacts of hydro on Western power markets and created a model-based trading system which he implemented at Barclays. Mike earned an MBA from Gonzaga University and BA Business, Eastern Washington University.

Scott has traded the Western power markets since the onset of deregulation in 1997. Beginning his power trading career at Powerex in Vancouver BC, Scott moved to Atlanta, Georgia in 2000 and worked for Mirant, ultimately managing their generation portfolio in the west. In 2004 Scott moved to Sempra EnergyTrading as a western proprietary trader then to Barclays Capital and Goldman Sachs as Managing Director in their Commodities groups. He returned to Canada in 2010 heading Trans Alta's trade floor in Calgary, Alberta. Scott has an undergraduate degree from Carleton University in Ottawa, Ontario and a MBA from Simon Fraser University in Vancouver, British Columbia.

Mike Griswold

Scott Connelly

Page 7: Ansergy:  Western Power Market Forecast and Commentary

Focus on Traded Products and DerivativesTools & Commentary on

OutrightsLocation SpreadsOn-Off Spreads Period Rolls Heat Rates

Page 8: Ansergy:  Western Power Market Forecast and Commentary

Product AccessWeb Charts and TablesSpreadsheetsFTP downloadsSQL with direct database accessLive chatPhone

Page 9: Ansergy:  Western Power Market Forecast and Commentary

About UsDeep in experience in,

Western Power Markets

Term Trading

Market Simulation & Analytics

Mike GriswoldTraded at Avista, Hafslund, BarclaysFounded Powerlytix

Bill TownsendProducts development at Platts, GenscapeFounded Friedwire

Scott ConnellyTraded at Powerex, Mirant, Sempra, Barclays, Goldman, TransAlta

Page 10: Ansergy:  Western Power Market Forecast and Commentary

www.Ansergy.comBill Townsend

[email protected](206) 877 0991