Energy Risk
Cutting edge – multi-scale volatility in commodity markets
This paper deals with volatility estimation in commodity markets. Piotr Grzywacz and Krzysztof Wolyniec note that energy commodities have many time (volatility) scales, which has dramatic implications for mean-reversion and volatility estimation. They…
Energy Risk Awards 2011 in photos - winners in Houston
A picture gallery of the 15th annual Energy Risk Awards held in Houston
Energy Risk Awards 2011 in photos - the winners in London
A photo gallery with pictures of the winners at this year's London Energy Risk Awards dinner
Energy Risk Awards 2011 in photos - London dinner
Energy industry executives celebrated their awards at a dinner and ceremony in London on June 14
US power bodies call for clarity on Dodd-Frank “swap” definition
More guidance is needed from the CFTC on the definition of a swap, according to Ferc and other industry associations concerned about regulatory overlap
EC’s Capital Requirements Directive deemed “detrimental” to energy trading
The revised proposal for the Capital Requirements Directive (CRD) presented by the European Commission (EC) on July 20 has sparked serious concerns among energy companies, traders and exchanges
Russian oil at top of investment list: Franklin Templeton
Franklin Templeton’s Mark Mobius says Russia is his current emerging market of choice, in particular oil and resources companies, and suggests concerns over corporate governance are misplaced
Texas could face power shortages due to new EPA rule: ERCOT
Pollution rule could impact long-term ERCOT reliability and create additional costs as power plants devote resources to understanding the new system, ERCOT warns
WTI/Brent spread impacts commodity index returns
A re-balancing of indexes to include, or increase Brent weighting could be on the cards to combat sliding WTI/Brent spread, say index providers
Energy Risk – 2011 awards dinners - held in Houston & London
Energy Risk rewarded excellence at the recent rankings receptions held in Houston and London
Updated: Renewables groups urge Lords to wave through feed-in tariff cuts
Industry associations urge House of Lords not to reignite feed-in tariff row
Regulator strengthens enforcement authority
CFTC finalises new Dodd-Frank anti-manipulation rule but energy experts continue to question its value
Special report - Weather risk
This month's special report looks explores the state of play in the innovative weather derivatives market
FERC requirements “burdensome & potentially misleading”
A move to boost the electricity market’s transparency through additional data reporting has drawn criticism and raised questions about the FERC’s focus. Pauline McCallion reports
Global economic ripple effect spreads to US power
Growing US coal exports and increased investor activity are linking traditionally domestic markets such as power to global economic events. Pauline McCallion finds out about this trend
Trading positions - July 2011
Energy Risk catches up with the latest appointments, promotions and departures in global commodity markets
Q&A – CFTC's Scott O'Malia
CFTC Commissioner Scott O’Malia shares his views with Ned Molloy on, amongst other things, systemic risk, position limits, the use of non-cash collateral and the jurisdictions of the CFTC and FERC
Approaches to strategic risk for energy risk managers
Strategic move
Grasp of investor trends now a necessity
Investor interest
Weather risk: gauging the exposure
There is now an array of instruments available to hedge weather exposure, but evaluating that exposure is far harder than quantifying standard exposures such as commodity price risk. Garth Renne and Shaun Hatch discuss approaches to analysing wind and…
What lies ahead for weather risk management?
Brighter skies ahead?
Assessing nuclear risk in the aftermath of Fukushima
Assessing nuclear risk