Power & Energy Trading Solutions

Spread Analysis

Spark spreads, dark spreads, and clean spark spreads require combining fuel prices, carbon permit costs, and plant efficiency rates sourced from at least four separate systems. Manual reconciliation of these inputs across shifting EU ETS prices and gas hub quotes introduces errors that compound silently across the trading book, and traders frequently miss narrow arbitrage windows while assembling the data.

Built For

Power Trader running thermal generation dispatch decisions across gas-fired and coal-fired capacity with EU ETS obligations

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Lumi Trader

Energy Trader

Calculates spark and dark spreads in real time by combining fuel, carbon, and power price feeds into a unified dispatch signal.

Spread Calculation
Dispatch Optimization
Arbitrage Detection
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Lumi Grid

Grid/Market Analyst

Tracks fuel price feeds and EU ETS spot prices to ensure spread calculations reflect current market conditions across interconnected hubs.

Fuel Price Monitoring
ETS Price Tracking
Hub Differential Analysis
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Lumi Risk

Risk Manager

Validates spread model assumptions and monitors exposure to fuel price and carbon price volatility across the generation portfolio.

Carbon Exposure Monitoring
Fuel Price Sensitivity
Spread Risk Limits
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How It Works

Real-time spark, dark, and clean spark spread calculation by integrating fuel prices, EU ETS carbon costs, and plant efficiency rates, with automated cross-border arbitrage detection and threshold alerts.

Instant Analysis

Drag and drop your CSVs. No complex pipelines required.

Natural Language

Ask questions in plain English, get instant answers.

Lumina Analyst
What is today's spark spread for our CCGT unit assuming current gas prices and EU ETS carbon costs? Should we dispatch?

Current clean spark spread is EUR 8.40/MWh, above your EUR 6.00/MWh dispatch threshold. Gas at EUR 34.20/MWh, carbon at EUR 62.50/tCO2. Recommend dispatch for hours 16-20 where day-ahead prices spike above EUR 95/MWh.

Clean Spark Spread vs Day-Ahead Price
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Related Capabilities

spark spread calculatorclean spark spread monitoringEU ETS carbon spreadenergy arbitrage analytics