Energy Risk
Trading software: tailored to maturity
It is critical that an energy company looking to acquire risk management and trading software be aware of its current as well as future needs. By Fred Cohen and Satyan Malhotra
Ripples from a big fish
What effect has the fall of Enron had on the energy sector? Energy market information specialist FAME Energy offers a brief analysis of the state of the industry
A hedge by any other name
It is one of the most commonly used phrases in risk management parlance, but what exactly is meant by the term ‘hedge’? Here we propose a new definition. By Brett Humphreys
Deutsches data duel
Statistical analysis of competing meteorological data from two different sources in Germany might lead to disparate views of weather risk management. By Bob Dischel
Poor relations
Here EPRM outlines an approach for sorting out common problems relating to calculating correlation measures in value-at-risk. By Brett Humphreys
Where now for Nordic?
The Nordic electricity sector is usually held up as the best working market in the world. We investigate why it is so successful and what it plans to do now that other countries in Europe are opening up their power sectors. By Joel Hanley
Oil giants look to gas and power trading
Despite the fall of energy trader Enron, Shell and BP are both seeking to develop their wholesale trading side, and have selected Tibco’s systems to help them do so. By Don Stowers
European gas hub trading:developments and risks
Energy market information specialist GlobalView Software takes a look at trading patterns at the developing European gas hubs and considers the risks in hedging spot trades at these hubs
Janine McArdle
Managing director, Aquila Europe
An uncertain future
Questions over regulatory requirements in the US were making energy firms cautious about their expansion plans, even before Enron’s collapse complicated the picture. By Kevin Foster
LNG comes in from the cold
Will the current rise in activity in the liquefied natural gas industry result in the product being traded in the same way as other commodities? By Eurof Thomas
Advancing the option idea
Continuing our series of tutorials on risk management tools, here, in the first of a two-part article, we look at the workings of advanced option strategies. By Doug Coyne