Energy Markets: Expect the
unexpected (Even Jellyfish)

At WME, our trading team works tirelessly to manage and monitor the energy market.

Every day, they keep a close eye on technical indicators, market fundamentals, geopolitical shifts, and weather forecasts to successfully run our flexible, risk-managed energy strategy on behalf of our public sector clients.

We track prices minute by minute, analyse supply and demand curves, and prepare for the unexpected. But sometimes, even we are caught off guard.

Take this week, for example: On Monday, France’s largest nuclear power station was forced to shut down after an enormous swarm of jellyfish swam into its cooling system. Yes, jellyfish! We can forecast interest rate movements, LNG shipping delays, and even cold snaps in Eastern Europe, but it turns out predicting jellyfish migration is not (yet) in our modelling toolkit.

While unusual events like this might sound like a plot twist from a marine documentary, they have real-world impacts on energy supply. Reduced nuclear output can influence wholesale energy prices, and that’s where our team’s flexibility comes in. Our flexible energy procurement strategy can be tweaked and adapted, balancing short-term responses with long-term stability, because whether it’s a global market shift or a surprise appearance from our gelatinous ocean friends, we make sure our customers’ energy needs are covered.

So next time you hear about jellyfish in the news, remember somewhere in the WME office, one of our traders is adjusting a spreadsheet and muttering, “Well… we didn’t see that coming.”