How Crowded Is This Niche?

X (Twitter)

Reddit

Overall assessment

The niche is under-discussed and under-crowded at the retail / small-prop level.

Reasons:

  1. High barrier to entry (market access, data, capital, knowledge of physical constraints).
  2. Most public conversation stays at the “negative prices are interesting” level, not “here is my edge and P&L”.
  3. The real money is concentrated in a relatively small number of specialised Danish/Nordic firms and large utility trading desks.

Opportunity signal: Low public saturation + proven large profits for those who cracked access and models = attractive for someone building agents and a systematic approach, provided the access problem is solved (prop partnership, data provider, or eventual direct membership).