From Forbes.com, April 28, 2015:
Dr. Iris Mack, a lecturer, market consultant and author of the book Energy Trading and Risk Management
, opines that should natural gas be considered as a primary energy source, its pricing is affected by quantifiable exogenous variables including but not limited to weather, storage, transmission and seasonality.
“Electric energy is a secondary energy source. It has to be generated from the conversion of other primary energy products – such as, oil, natural gas, coal, wind, nuclear, solar, hydro, etc. Hence, the price of electric power is...