The market layer for power volatility.

ERCOTPJMMISOSPPCAISO
Windmills in a foggy power landscape

A new venue for the variables shaping power risk.

Variable is buidling a simpler way for institutional participants to price and trade exposure to load, renewable generation, storage, and regional grid risk.

Tradable Variables

Load / Wind Generation / Solar Generation / Storage

Tradable Markets

ERCOT / PJM / MISO / SPP / CAISO

Power transmission tower against a dramatic sky

Variable OS

The market starts where weather becomes exposure.

Wind, load, storage, and regional grid conditions shift before they show up as price. Variable is built around those moving signals.

Signal

Wind ramp

Region

ERCOT / SPP

Window

30-day vol

Solar panels under a wide sky

How it moves

From forecast noise to market intent.

Change how you think about institutional power hedging.

Market interest

Join the first market design cohort.

Request early access to Variable and help shape the market primitives for power volatility. We are collecting institutional interest while the marketplace is in development.