Book contributions by Vincent Kaminski
Articles by Vincent Kaminski
Podcast: Kaminski on lessons from commodity market defaults
Professor Vince Kaminski analyses Nasdaq and PJM defaults
Lessons from two commodity defaults
Regulators and exchanges need to learn from the Greenhat/PJM and Norwegian Nasdaq defaults
Beware the pitfalls of right- and wrong-way risk
Credit exposure can be hazardous. Misinterpreting the risks posed can be ruinous
Who wants to be a forecaster?
Forecasting gas storage levels is an ugly, thankless – but essential – task
Political gaming casts energy further into age of disruption
With regulatory change in the air, market participants must be more aware of the situations those with legislative responsibility find themselves in
What lies beneath: attention lessons for risk managers
Allowing seemingly irrelevant problems to fester can lead to catastrophe
Position vacant: unpicking energy’s hidden contract risks
Complex, long-term supply deals present job opportunity for risk managers
When governments invent new markets, expect trouble
US ethanol credits debacle highlights problems with fiat markets
What a star 1,480 light years away can teach risk managers
Amateur astronomers’ discovery shows value of humans over algorithms
Teetering on the brink of the ‘energy cliff’
Declining ERoEI – energy return on energy invested – is a worrying trend
Climate change is the fattest tail risk of them all
Casting doubt on science is an unwise risk management strategy
The shale revolution devours its children
After a few years of irrational exuberance, US oil drillers are feeling the pain
To assess liquidity risk, one must ask the right questions
A mathematician’s insight during World War II can help guide risk managers today
Why traders ignore risks and go full speed ahead
Incentives often drive excessive risk-taking, while caution is punished
In manipulation cases, "everybody's doing it" is no excuse
From natural gas scandal of 2000s to Libor-rigging, troubling patterns persist
Potential for catastrophe lurks in complex systems
Human failings can subvert well-intentioned efforts to avoid disaster
Winds of change will continue to roar for energy markets
Financial crisis and shale revolution show nothing is certain - Kaminski
Risk Books: Managing Energy Price Risk, 4th Edition
Industry leader Vincent Kaminski discusses the challenges faced by energy markets and his new book, Managing Energy Price Risk, 4th Edition.