Energy Risk
Facing up to the brave new world
US firm Xcel Energy is coming to terms with new market realities in the US – and not wholly as a result of the Enron factor. Don Stowers profiles the company
When the wind doesn’t blow
In light of the increased interest in investing in renewable energy following the publication of the EU renewables directive in September, David Pethick, Rebecca Calder and Chris Clancy suggest a method of reducing wind risk
Not just a quick fix
Real options are an accepted risk management technique in the energy sector. Kevin Foster takes a look at how are they being used and what factors are affecting their development and implementation
Knowing your limits
Value-at-risk limits are widely used risk management instruments. But issues over the allocation of Var limits remain, says Brett Humphreys
Filling the energy void
The market for the trading standard energy blocks online is one of the most highly contested, but with new exchange E-lecTrade the focus switches to structured products. By Don Stowers
In the right direction
In this, the second of a two-part series on advanced options, we look at the concept of directional strategies and consider various methods of employing them. By Doug Coyne
Setting a new pace
‘Broken records and shattered dreams’ was the headline for last year’s exchange review – but it could easily have been appropriate for this year’s. Certain exchanges have reported stellar growth, while others are suffering, for various reasons. By Joel…