Energy Risk
Where to next for gas prices?
US natural gas markets can be tricky to predict, as recent high-profile losses in these markets have shown. However, there are some aspects of price behaviour that are more uniform than might be imagined, writes David Linton of Updata
Implied trees: Valuing exotic options
In this next installment of the Masterclass series, Jim Clark, Les Clewlow and Chris Strickland show how to value exotic options, using a calibrated local volatility surface consistent with market prices
Crunching the numbers
Advances in analytical tools, coupled with a proposed December Ferc ruling requiring US gas providers to publish gas flow data, could herald a revolution in US natural gas trading. Algorithmic trading techniques, similar to the kinds used in the equity…
India’s NCDEX launches futures contract in thermal coal
India’s National Commodity and Derivatives Exchange Limited (NCDEX) today launched a thermal coal futures contract.
CantorCO2e to hold first binding CER auction
Carbon broker CantorCO2e will hold the first binding Certified Emissions Reduction (CER) auction on 2 October.
China displaces UK in top five countries for renewables
China has moved into the top five most attractive countries for renewables investment, knocking the UK to sixth place, according to an Ernst & Young survey. The Energy country attractiveness indices, published by E&Y every quarter, look at a country’s…
Tullett Prebon combines voice and screen trading for energy markets
Interdealer broker Tullett Prebon has introduced an internet trading platform for the Ontario power market and both the Western US and Canadian gas markets that combines voice and electronic brokering.
Icap to broker base metals on the LME
Interdealer broker Icap has launched a London Metals Exchange (LME) base metals broking business.
Minor metals to make LME debut
Futures contracts for minor metals molybdenum and cobalt will be launched on the London Metal Exchange (LME) in the second half of 2009, the LME has announced today.
Powerful ambition
Backed by the financial might of Russia's Renova Group, Avelar Energy is investing in conventional and renewable energy assets across western Europe. Avelar's CEO, Igor Akhmerov, tells Roderick Bruce about his company's strategy
Power struggle
Forward liquidity has been lacking in the UK power market since 2002, and attempts to improve the situation have met with little success. Roderick Bruce considers what the future may hold for UK power trading
Martin Fraenkel
Martin Fraenkel, the global head of commodities at Calyon, talks to Katie Holliday about the commodity he values most highly – people
A path for renewables
Renewable energy needs to become a bigger part of the US energy mix, but there are still a number of hurdles to clear, explains Richard McMahon of the Edison Electric Institute
Constellation's ratings hit bodes ill for merchant energy players
Constellation Energy's excessive exposure to liquidity risk has contributed to a significant credit ratings downgrade for the firm, finds Jayne Jung