Welcome to this episode of Time2Talk, where we talk about interesting developments in the energy industry. In today's episode, join Lars Weber from Yggdrasil and Eszter Pontenagel and Paul Pontenagel from Time2Market, as they discuss: 
 
👉 What 2.5 years of entering Japan really looks like
👉 Why successful algorithms start with physics, not markets
👉 How trading across continents becomes a natural hedge
👉 The biggest trap new trading entrants fall into
👉 Why 1 MW of manual trading is the secret to automation.
👉 The next wave: batteries, AI, and unexpected new players.
 
If you would like to be the next guest on Time2Talk, please do not hesitate to contact Time2Market. If you have an interesting guest in mind, leave their name in the comments, and we will get in touch. 

Do you want early access to watch all Time2Market episodes one week before they are published? Subscribe to Time2Market’s monthly newsletter here 👉 https://sy4ic.share.hsforms.com/2GEq1A1elRH2eMpxHuPS4Rg 
 
𝐓𝐚𝐛𝐥𝐞 𝐨𝐟 𝐜𝐨𝐧𝐭𝐞𝐧𝐭𝐬: 

00:00 – In today’s episode...
01:30 – Welcome to the Studio: Introducing Lars Weber
03:30 – Lars’ Early Career
06:00 – Entering the UK Market & Discovering PPAs
08:00 – Moving Back to Denmark & The Birth of Yggdrasil
10:00 – Scaling to All US ISOs with Just 10 People
12:30 – From Manual Trading to Full Automation
15:00 – Entering Europe: New Complexity, New Strategy
17:00 – Build or Buy? How Yggdrasil Built Everything In-House
18:30 – Choosing Not to Scale Too Fast
20:00 – The 2.5-Year Journey to Enter Japan
24:00 – Why Cultural Commitment Is Essential in Japan
26:00 – The Harsh Reality of Banking & KYC in Japan
28:00 – How Japan Became One of the Most Volatile Markets in the World
31:00 – Gas Shortages, LNG Price Shocks & The 2020 Crisis
33:00 – Spot Trading vs. Global Correlations
36:00 – Risk Diversification Through Geography
38:00 – Strategy Scaling Across Markets: Physics Over Geography
40:00 – Preventing Cross-Market Overexposure
44:00 – Assetless Trading, Regulation & “Significant Support” Requirements
46:00 – Learning Market Boundaries Through Practice
48:00 – Transparency, Mistakes & TSO Relationships
50:00 – Becoming an Asset Manager Without Losing Lean Structure
52:00 – Servicing Customers Without Becoming a Service Company
54:00 – Entering the US: ISO Expansion & Regulatory History
56:00 – The Challenge of US Entry: PJM, SPP & Strict Onboarding Rules
58:00 – Market Failures & Lessons Learned
01:00:00 – Physical vs. Financial: Clearing Up a Common Misconception
01:03:00 – Mistakes, Compliance & Why TSOs Value Self-Reporting
01:06:00 – Scheduling, IT Stacks & Building Operating Systems In-House
01:08:00 – The Hidden Complexity of Market Entry
01:10:00 – Entering 40 Markets in Seven Years
01:12:00 – The Future of Market Liberalization Worldwide
01:14:00 – What Yggdrasil Will Become in the Next 3-5 Years
01:16:00 – The Next Wave: Batteries, AI & New Entrants
01:17:30 – Advice to New Market Entrants
01:19:00 – Thank You For Today

Legal disclaimer: This podcast is intended for informational purposes only and should not be considered business or legal advice. Time2Market does not guarantee the completeness, accuracy, and actuality of the information provided. The energy industry is extremely dynamic and conditions and requirements change frequently. As a result, information discussed on this page is subject to change without notice.

Time2Market's website: www.time2market.net

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Welcome to this episode of Time2Talk, where we talk about interesting developments in the energy industry. In today's episode, join Eleonora Pilla from Habitat Energy and Eszter Pontenagel from Time2Market, as they discuss: 
 
👉 What energy markets can (and can’t) learn from Wall Street
👉 Can algorithms beat human intuition in power trading
👉 What it takes to launch and scale an energy trading company
👉 How market rule changes create new winners (and unexpected losers) 
👉 Why innovation, not size, is the new edge in energy trading
 
If you would like to be the next guest on Time2Talk, please do not hesitate to contact Time2Market. If you have an interesting guest in mind, leave their name in the comments, and we will get in touch. 

Do you want early access to watch all Time2Market episodes one week before they are published? Subscribe to Time2Market’s monthly newsletter here 👉 https://sy4ic.share.hsforms.com/2GEq1A1elRH2eMpxHuPS4Rg 
 
𝐓𝐚𝐛𝐥𝐞 𝐨𝐟 𝐜𝐨𝐧𝐭𝐞𝐧𝐭𝐬: 

00:00 - In today’s episode...
01:58 - Welcome Eleanora from Habitat Energy & Quark Energy Trading
03:45 - Finding your place in the energy industry
05:32 - Founding Quark Energy Trading and early market lessons
07:18 - The UK’s energy market: opportunity or over-competition?
09:05 - How transparency is reshaping power trading
10:52 - The biggest challenges of running a modern trading business
12:40 - Algorithmic trading in energy: what people still get wrong
14:27 - What energy can (and can’t) learn from Wall Street
16:15 - The art and science of predicting price volatility
18:02 - Changing market rules and auction dynamics
19:50 - The rise of utilities, aggregators, and flexibility markets
21:37 - Building competitive advantage through innovation
23:25 - The role of automation and human oversight
25:12 - How energy trading will evolve over the next decade
27:00 - From data to decision-making: the future of algo trading
28:47 - What’s next for Quark and Habitat: growth, goals, and lessons learned
30:32 - How collaboration and partnerships drive innovation
32:15 - Why the human element will always define trading success
34:00 - Final reflections: balancing technology, risk, and purpose
35:42 - Thank you for today

Legal disclaimer: This podcast is intended for informational purposes only and should not be considered business or legal advice. Time2Market does not guarantee the completeness, accuracy, and actuality of the information provided. The energy industry is extremely dynamic and conditions and requirements change frequently. As a result, information discussed on this page is subject to change without notice.

Time2Market's website: www.time2market.net

Time2Market's LinkedIn: www.linkedin.com/company/time2market-market-management-services

Subscribe to Time2Market's newsletter for early access and exclusive content: https://sy4ic.share.hsforms.com/2GEq1A1elRH2eMpxHuPS4Rg

Welcome to this episode of Time2Talk, where we talk about interesting developments in the energy industry. In today's episode, join Benjamin Trainer from Energy One and Eszter Pontenagel and Paul Pontenagel from Time2Market, as they discuss: 
 
👉 Why humans remain essential in the age of AI
👉 How are aggregators changing market dynamics?
👉 Why traditional ETRMs fail in spot trading  
👉 What scalability really means in modern energy markets  
👉 The biggest pitfalls of building your own ETRM
 
If you would like to be the next guest on Time2Talk, please do not hesitate to contact Time2Market. If you have an interesting guest in mind, leave their name in the comments, and we will get in touch. 

Do you want early access to watch all Time2Market episodes one week before they are published? Subscribe to Time2Market’s monthly newsletter here 👉 https://sy4ic.share.hsforms.com/2GEq1A1elRH2eMpxHuPS4Rg 

Legal disclaimer: This podcast is intended for informational purposes only and should not be considered business or legal advice. Time2Market does not guarantee the completeness, accuracy, and actuality of the information provided. The energy industry is extremely dynamic and conditions and requirements change frequently. As a result, information discussed on this page is subject to change without notice.

Time2Market's website: www.time2market.net

Time2Market's LinkedIn: www.linkedin.com/company/time2market-market-management-services

Subscribe to Time2Market's newsletter for early access and exclusive content: https://sy4ic.share.hsforms.com/2GEq1A1elRH2eMpxHuPS4Rg

Welcome to this episode of Time2Talk, where we talk about interesting developments in the energy industry. In today's episode, join Paul Pontenagel from Time2Market and Frank Boerman from TenneT, as they discuss: 
 
👉  Can you actually forecast PTDF matrices?
👉  What really changed when we moved from ATC to flow-based capacity?
👉  Is the LTA domain becoming obsolete in the day-ahead market?
👉  How does Dutch rooftop solar create a perfect storm for price crashes?
👉  Is the 70% rule helping or hurting efficient market outcomes?
 
If you would like to be the next guest on Time2Talk, please do not hesitate to contact Time2Market. If you have an interesting guest in mind, leave their name in the comments, and we will get in touch. 

Legal disclaimer: This podcast is intended for informational purposes only and should not be considered business or legal advice. Time2Market does not guarantee the completeness, accuracy, and actuality of the information provided. The energy industry is extremely dynamic and conditions and requirements change frequently. As a result, information discussed on this page is subject to change without notice.

Time2Market's website: www.time2market.net

Time2Market's LinkedIn: www.linkedin.com/company/time2market-market-management-services

Subscribe to Time2Market's newsletter for early access and exclusive content: https://sy4ic.share.hsforms.com/2GEq1A1elRH2eMpxHuPS4Rg

Welcome to this episode of Time2Talk, where we talk about interesting developments in the energy industry. In today's episode, join Eszter Pontenagel and Paul Pontenagel from Time2Market, as they discuss: 
 
👉  Is your biggest bottleneck really the regulator, or your internal setup?
👉  Why is market mapping as much about knowing where not to go?
👉  Are you scaling intentionally or reacting to panic?
👉  Is your setup too rigid to adapt or too loose to scale?
👉  What’s the fastest way to delay your market entry by 6 months? 
 
If you would like to be the next guest on Time2Talk, please do not hesitate to contact Time2Market. If you have an interesting guest in mind, leave their name in the comments, and we will get in touch. 
 
Do you want early access to watch all Time2Market episodes one week before they are published? Subscribe to Time2Market’s monthly newsletter here 👉 http://eepurl.com/iFJ4z6

𝐓𝐚𝐛𝐥𝐞 𝐨𝐟 𝐜𝐨𝐧𝐭𝐞𝐧𝐭𝐬: 

00:00 – Introduction
00:49 – Welcome to the episode: looking back and ahead
01:56 – Traders are like NFL players
03:47 – Beyond tech and market access
04:44 – Readiness, risk appetite, and scaling with intention
06:06 – Getting internal buy-in: the overlooked barrier
07:36 – Mapping Europe: market entry isn’t one-size-fits-all
08:34 – Unknown unknowns: the hidden costs of misaligned setups
09:27 – Connecting the dots across market bubbles
10:55 – Industry bubbles: Denmark, Germany, and local blind spots
11:44 – Networks, not just markets: the people we meet
13:02 – Trading houses are IT companies, but human ones
14:03 – Reflecting on Time2Talk Season 2
15:48 – Why the energy sector never gets boring
16:14 – E-world vs weddings: why it’s easier to talk energy than small talk
17:55 – Most memorable cases of the year (so far)
20:17 – What slows you down? Misjudging regulator expectations
21:58 – Delivering value is about speed and trust
23:00 – Enabling success
23:46 – Poland vs the US: Market access pain levels compared
24:27 – Going offline: summer pause and what’s next
25:15 – Looking ahead: 2026 is the year to move

Legal disclaimer: This podcast is intended for informational purposes only and should not be considered business or legal advice. Time2Market is not responsible for the completeness, accuracy, and actuality of the information provided. 
 
Time2Market's website: www.time2market.net
 
Time2Market's LinkedIn: www.linkedin.com/company/time2market-market-management-services

Legal disclaimer: This podcast is intended for informational purposes only and should not be considered business or legal advice. Time2Market does not guarantee the completeness, accuracy, and actuality of the information provided. The energy industry is extremely dynamic and conditions and requirements change frequently. As a result, information discussed on this page is subject to change without notice.

Time2Market's website: www.time2market.net

Time2Market's LinkedIn: www.linkedin.com/company/time2market-market-management-services

Subscribe to Time2Market's newsletter for early access and exclusive content: https://sy4ic.share.hsforms.com/2GEq1A1elRH2eMpxHuPS4Rg

Welcome to this episode of Time2Talk, where we talk about interesting developments in the energy industry. In today's episode, join Paul Pontenagel from Time2Market and Nico Schoutteet from the CREG, as they discuss: 

👉  Are 15-minute day-ahead blocks the fix renewables have been waiting for?
👉  How big is the welfare loss from explicit UK-EU trading post-Brexit?
👉  Can speculative traders actually improve market efficiency?
👉  Are organized electricity markets still the cheapest path to net zero?
👉  What happens when three power exchanges operate in one country?

If you would like to be the next guest on Time2Talk, please do not hesitate to contact Time2Market. If you have an interesting guest in mind, leave their name in the comments, and we will get in touch. 

Do you want early access to watch all Time2Market episodes one week before they are published? Subscribe to Time2Market’s monthly newsletter here 👉 https://sy4ic.share.hsforms.com/2GEq1...

𝐓𝐚𝐛𝐥𝐞 𝐨𝐟 𝐜𝐨𝐧𝐭𝐞𝐧𝐭𝐬:

00:00 - Introduction 
01:51 - What is CREG?   
04:40 – Nico Schoutteet’s Role: Market Integration, Monitoring & Policy   
05:32 - Bridging complexity and consumer protection   
10:16 - Welfare optimization across the EU
12:40 - Exporters, Interconnectors, and Short-Term Optics   
14:35 - Implicit vs Explicit cross-border flows
17:04 - Welfare losses post-Brexit 
18:42 - Cooperation with Elia: When TSOs and NRAs align   
20:28 - Working with Power Exchanges and Competing NEMOs   
22:16 - Balancing markets and the role of speculators   
24:19 - Passive vs Reactive balancing   
25:00 – The transition to 15-minute MTU in the Day-Ahead market
27:28 – Needs of renewable generators
29:16 - Will intraday markets stay relevant post-granulari

Legal disclaimer: This podcast is intended for informational purposes only and should not be considered business or legal advice. Time2Market does not guarantee the completeness, accuracy, and actuality of the information provided. The energy industry is extremely dynamic and conditions and requirements change frequently. As a result, information discussed on this page is subject to change without notice.

Time2Market's website: www.time2market.net

Time2Market's LinkedIn: www.linkedin.com/company/time2market-market-management-services

Subscribe to Time2Market's newsletter for early access and exclusive content: https://sy4ic.share.hsforms.com/2GEq1A1elRH2eMpxHuPS4Rg

Welcome to this episode of Time2Talk, where we talk about interesting developments in the energy industry. In today's episode, join Paul Pontenagel from Time2Market and Arnt Sollie from Volue, as they discuss: 
 
👉  What happens to trading strategy when 75% of the grid becomes renewable?
👉  How does a hybrid AI + fundamental model actually improve forecasts?
👉  Can an AI weather model really beat EC and GFS forecasts?
👉  Should Europe shift from national to zonal pricing models?
👉  Can traders turn weather into a price signal—automatically?
 
If you would like to be the next guest on Time2Talk, please do not hesitate to contact Time2Market. If you have an interesting guest in mind, leave their name in the comments, and we will get in touch. 

Do you want early access to watch all Time2Market episodes one week before they are published? Subscribe to Time2Market’s monthly newsletter here 👉 http://eepurl.com/iFJ4z6 

Legal disclaimer: This podcast is intended for informational purposes only and should not be considered business or legal advice. Time2Market does not guarantee the completeness, accuracy, and actuality of the information provided. The energy industry is extremely dynamic and conditions and requirements change frequently. As a result, information discussed on this page is subject to change without notice.

Time2Market's website: www.time2market.net

Time2Market's LinkedIn: www.linkedin.com/company/time2market-market-management-services

Subscribe to Time2Market's newsletter for early access and exclusive content: https://sy4ic.share.hsforms.com/2GEq1A1elRH2eMpxHuPS4Rg

Welcome to this episode of Time2Talk, where we talk about interesting developments in the energy industry. In today's episode, join Paul Pontenagel from Time2Market and Michiel Lensink from Etpa as they discuss: 
 
👉  Establishing a new exchange in Europe's coupled markets
👉  Explicit bidding in power markets
👉  Transparency and liquidity on ETPA
👉  Market access and how to trade on ETPA
👉  How to future-proof your trading strategy
 
If you would like to be the next guest on Time2Talk, please do not hesitate to contact Time2Market. If you have an interesting guest in mind, leave their name in the comments, and we will get in touch. 

Do you want early access to watch all Time2Market episodes one week before they are published? Subscribe to Time2Market’s monthly newsletter here 👉 http://eepurl.com/iFJ4z6 

Legal disclaimer: This podcast is intended for informational purposes only and should not be considered business or legal advice. Time2Market does not guarantee the completeness, accuracy, and actuality of the information provided. The energy industry is extremely dynamic and conditions and requirements change frequently. As a result, information discussed on this page is subject to change without notice.

Time2Market's website: www.time2market.net

Time2Market's LinkedIn: www.linkedin.com/company/time2market-market-management-services

Subscribe to Time2Market's newsletter for early access and exclusive content: https://sy4ic.share.hsforms.com/2GEq1A1elRH2eMpxHuPS4Rg

In episode #9 of Time2Talk, Fanos Shiamishis from SmartestEnergy joins Paul Pontenagel to discuss the early days of energy trading, lessons learned from the energy crisis and how to adapt to an endlessly changing industry.

Fanos shares his experience in building a people-driven energy business, and why company culture and collaboration are crucial for success in energy trading. The discussion dives into the challenges and opportunities in renewable energy
and the future of energy markets and innovation.

Legal disclaimer: Time2Market ApS and SmartestEnergy are not responsible for the completeness, accuracy, and actuality of the information provided. This article is intended for informational purposes only and should not be considered business or legal advice.

Visit us at Time2Market

© Time2Market 2025

Legal disclaimer: This podcast is intended for informational purposes only and should not be considered business or legal advice. Time2Market does not guarantee the completeness, accuracy, and actuality of the information provided. The energy industry is extremely dynamic and conditions and requirements change frequently. As a result, information discussed on this page is subject to change without notice.

Time2Market's website: www.time2market.net

Time2Market's LinkedIn: www.linkedin.com/company/time2market-market-management-services

Subscribe to Time2Market's newsletter for early access and exclusive content: https://sy4ic.share.hsforms.com/2GEq1A1elRH2eMpxHuPS4Rg

In episode #8 of Time2Talk, Maria Kitano and Daniel Hernandez from EPEX SPOT join Eszter Pontenagel and Paul Pontenagel to discuss diferent developents in the European energy scene, including granularities and flexibility across European markets, the rise of the speculative trader and how EPEX SPOT stays at the forefront of innovation leading the European energy trading sector.

Dive into Maria's and Daniel's personal stories and get their take on what characterizes the different markets across European borders, in this season's final episode.

Legal disclaimer: Time2Market ApS and EPEX Spot are not responsible for the completeness, accuracy, and actuality of the information provided. This article is intended for informational purposes only and should not be considered business or legal advice.

Visit us at Time2Market

© Time2Market 2025

Legal disclaimer: This podcast is intended for informational purposes only and should not be considered business or legal advice. Time2Market does not guarantee the completeness, accuracy, and actuality of the information provided. The energy industry is extremely dynamic and conditions and requirements change frequently. As a result, information discussed on this page is subject to change without notice.

Time2Market's website: www.time2market.net

Time2Market's LinkedIn: www.linkedin.com/company/time2market-market-management-services

Subscribe to Time2Market's newsletter for early access and exclusive content: https://sy4ic.share.hsforms.com/2GEq1A1elRH2eMpxHuPS4Rg