The growing complexity of energy market risk

The recent evolution and increased complexity of market risk has brought greater challenges and responsibilities to the risk manager in charge of market risk mitigation, finds Gillian Carr

Measuring and mitigating market risk, always a key component of a risk manager’s role, has become more challenging recently as the scope of market risk broadens and becomes more complex, increasing the responsibilities of the market risk manager, say market experts.

This change has happened across the energy industry, but companies are affected differently according to their size and type of fuel consumption or generation. For large, global market players, greater attention now needs to be paid