Open play: who will be first with a true index?

A little less conversation, a little more action...

Another post on indices? Really? I think the topic is important, but confusion about what an index can achieve masks the truly interesting questions.

Who will publish the first transparent, investable and systematic index for constrained symmetric energy trading strategies?

In other words, who will be first to set out a ‘true index’ in the sense of the definition discussed in our earlier reflection on indices?

On Indices for BESS

Why hasn’t it happened yet? Because “open play” is hard work.

If you decide to attack a market and you decide to use open as the means of changing it (what I like to call "open by thinking") then when you launch you'll going to have to put time, effort, money, resources and skill into making it happen. Hence the importance of "open by thinking" because going open should be seen as an investment decision which can pay handsomely if done right. There are numerous pitfalls to be avoid e.g. antagonising or not building a community, not listening to a community, not acting as a benevolent dictator for that community or failing to put its interests over your own, failing to steer a clear direction, failing to invest and worst of all establishing a collective prisoner dilemma.

https://blog.gardeviance.org/2015/12/open-source-as-weapon.html

DeepSeek is making it look easy, but open play will take longer to develop in the energy industry. The standards and the stakes are higher in the pursuit of global competition for AI leadership than they are in the field of BESS trading.

While it will take some time for the first open energy trading strategy index to be published, it will inevitably happen. Indeed, it’s not unrealistic to imagine that open play may be forced upon the industry by an energy trading amateur