Energy Risk

Author : Dragana Pilipovic
Publisher : McGraw Hill Professional
Page : 530 pages
File Size : 43,5 Mb
Release : 2007-08-13
Category : Business & Economics
ISBN : 9780071594479

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Energy Risk: Valuing and Managing Energy Derivatives by Dragana Pilipovic Pdf

The Latest Methods and Strategies for Successfully Trading and Managing Risk in Today's Volatile Energy Markets The updated Second Edition of Energy Risk presents an authoritative overview of the contemporary energy trading arena, combining the lesson's from the last decade with proven methods and strategies required for valuing energy derivatives and managing risk in these ever volatile markets. Written by renowned energy risk expert Dragana Pilipovic this revised classic examines market behavior, covering both quantitative analysis and trader-oriented insights. The book shows how to establish a modeling process that involves the key players_managers, traders, quantitative analysts, and engineers_and provides practical answers to energy trading and risk management questions. The Second Edition of Energy Risk features: Detailed coverage of the primary factors that influence energy risk Techniques for building marked-to-market forward price curves, creating volatility matrices, and valuing complex options Specific guidelines and tools for achieving risk goals New to this edition: three new chapters on the emerging energy market and marked-to-market issues; new material on energy-specific models, seasonal effects, and the derivation of the mean-reverting price model; and more

Author : Alexander Eydeland,Krzysztof Wolyniec
Publisher : John Wiley & Sons
Page : 506 pages
File Size : 47,8 Mb
Release : 2003-02-03
Category : Business & Economics
ISBN : 9780471455875

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Energy and Power Risk Management by Alexander Eydeland,Krzysztof Wolyniec Pdf

Praise for Energy and Power Risk Management "Energy and Power Risk Management identifies and addresses the key issues in the development of the turbulent energy industry and the challenges it poses to market players. An insightful and far-reaching book written by two renowned professionals." -Helyette Geman, Professor of Finance University Paris Dauphine and ESSEC "The most up-to-date and comprehensive book on managing energy price risk in the natural gas and power markets. An absolute imperative for energy traders and energy risk management professionals." -Vincent Kaminski, Managing Director Citadel Investment Group LLC "Eydeland and Wolyniec's work does an excellent job of outlining the methods needed to measure and manage risk in the volatile energy market." -Gerald G. Fleming, Vice President, Head of East Power Trading, TXU Energy Trading "This book combines academic rigor with real-world practicality. It is a must-read for anyone in energy risk management or asset valuation." -Ron Erd, Senior Vice President American Electric Power

Author : Markus Burger,Bernhard Graeber,Gero Schindlmayr
Publisher : John Wiley & Sons
Page : 316 pages
File Size : 45,6 Mb
Release : 2008-04-30
Category : Business & Economics
ISBN : 047072546X

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Managing Energy Risk by Markus Burger,Bernhard Graeber,Gero Schindlmayr Pdf

Mathematical techniques for trading and risk management. Managing Energy Risk closes the gap between modern techniques from financial mathematics and the practical implementation for trading and risk management. It takes a multi-commodity approach that covers the mutual influences of the markets for fuels, emission certificates, and power. It includes many practical examples and covers methods from financial mathematics as well as economics and energy-related models.

Author : Herbert Inhaber
Publisher : Routledge
Page : 422 pages
File Size : 43,7 Mb
Release : 2016-05-06
Category : Science
ISBN : 9781136759215

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Energy Risk Assessment by Herbert Inhaber Pdf

First Published in 1982. Comprehensive and controversial, this book presents an overview of the energy options available and their attendant risks. The entire energy cycle- from raw material to final energy production- is examined in depth so that accurate and detailed assessments can be made of the risks of energy options.

Author : Markus Burger,Bernhard Graeber,Gero Schindlmayr
Publisher : John Wiley & Sons
Page : 452 pages
File Size : 42,9 Mb
Release : 2014-09-09
Category : Business & Economics
ISBN : 9781118618639

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Managing Energy Risk by Markus Burger,Bernhard Graeber,Gero Schindlmayr Pdf

An overview of today's energy markets from a multi-commodity perspective As global warming takes center stage in the public and private sectors, new debates on the future of energy markets and electricity generation have emerged around the world. The Second Edition of Managing Energy Risk has been updated to reflect the latest products, approaches, and energy market evolution. A full 30% of the content accounts for changes that have occurred since the publication of the first edition. Practitioners will appreciate this contemporary approach to energy and the comprehensive information on recent market influences. A new chapter is devoted to the growing importance of renewable energy sources, related subsidy schemes and their impact on energy markets. Carbon emissions certificates, post-Fukushima market shifts, and improvements in renewable energy generation are all included. Further, due to the unprecedented growth in shale gas production in recent years, a significant amount of material on gas markets has been added in this edition. Managing Energy Risk is now a complete guide to both gas and electricity markets, and gas-specific models like gas storage and swing contracts are given their due. The unique, practical approach to energy trading includes a comprehensive explanation of the interactions and relations between all energy commodities. Thoroughly revised to reflect recent changes in renewable energy, impacts of the financial crisis, and market fluctuations in the wake of Fukushima Emphasizes both electricity and gas, with all-new gas valuation models and a thorough description of the gas market Written by a team of authors with theoretical and practical expertise, blending mathematical finance and technical optimization Covers developments in the European Union Emissions Trading Scheme, as well as coal, oil, natural gas, and renewables The latest developments in gas and power markets have demonstrated the growing importance of energy risk management for utility companies and energy intensive industry. By combining energy economics models and financial engineering, Managing Energy Risk delivers a balanced perspective that captures the nuances in the exciting world of energy.

Author : Peter C. Fusaro
Publisher : McGraw Hill Professional
Page : 290 pages
File Size : 48,5 Mb
Release : 1998
Category : Business & Economics
ISBN : 0786311843

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Energy Risk Management by Peter C. Fusaro Pdf

Addressing the important issues of worldwide energy price risk management, this work assembles the leading industry figures to explain general theories and practices for hedging risk, and specific methods to effectively manage risk in markets such as coal, natural gas, electricity, and hydropower.

Author : GARP (Global Association of Risk Professionals)
Publisher : John Wiley & Sons
Page : 140 pages
File Size : 49,9 Mb
Release : 2008-11-10
Category : Business & Economics
ISBN : 9780470421901

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Foundations of Energy Risk Management by GARP (Global Association of Risk Professionals) Pdf

GARP's Fundamentals of Energy Risk Management introduces investors to the basic components and some of the basic terminology used in the energy industry. It covers the commodity cycle, energy use and sources, and various risk types, various energy products and the markets where energy is traded. It also introduces certain risk management fundamentals and real option thinking. The book is GARP's required text used by risk professionals looking to obtain their Certificate in Energy Risk Management.

Author : Glen Swindle
Publisher : Cambridge University Press
Page : 499 pages
File Size : 46,7 Mb
Release : 2014-02-17
Category : Business & Economics
ISBN : 9781107036840

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Valuation and Risk Management in Energy Markets by Glen Swindle Pdf

This book surveys the mechanics of energy markets and the valuation of structures commonly arising in practice. The presentation balances quantitative issues and practicalities facing portfolio managers, with substantial attention paid to the ways in which common methods fail in practice and to alternative methods when they exist. The book will provide readers with the analytical foundation required to function in modern energy trading and risk management groups.

Author : Nigel Da Costa Lewis
Publisher : Springer
Page : 247 pages
File Size : 43,5 Mb
Release : 2005-06-21
Category : Business & Economics
ISBN : 9780230523784

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Energy Risk Modeling by Nigel Da Costa Lewis Pdf

Energy Risk Modeling is a primer on statistical methods for managers, students and anybody interested in the field. Illustrated through elementary and more advanced statistical Methods, it is primarily aimed at those individuals who need a gentle introduction in how to go about using statistical methods for modeling energy price risk. Statistical ideas are presented by outlining the necessary concepts and illustrating how these ideas can be implemented. This is the first energy risk book on the market to focus specifically on the role of statistical methods. Its practical approach makes the book a very useful reference and an interesting read.

Author : CCPS (Center for Chemical Process Safety)
Publisher : John Wiley & Sons
Page : 224 pages
File Size : 55,9 Mb
Release : 2018-10-09
Category : Technology & Engineering
ISBN : 9781119490395

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Bow Ties in Risk Management by CCPS (Center for Chemical Process Safety) Pdf

AN AUTHORITATIVE GUIDE THAT EXPLAINS THE EFFECTIVENESS AND IMPLEMENTATION OF BOW TIE ANALYSIS, A QUALITATIVE RISK ASSESSMENT AND BARRIER MANAGEMENT METHODOLOGY From a collaborative effort of the Center for Chemical Process Safety (CCPS) and the Energy Institute (EI) comes an invaluable book that puts the focus on a specific qualitative risk management methodology – bow tie barrier analysis. The book contains practical advice for conducting an effective bow tie analysis and offers guidance for creating bow tie diagrams for process safety and risk management. Bow Ties in Risk Management clearly shows how bow tie analysis and diagrams fit into an overall process safety and risk management framework. Implementing the methods outlined in this book will improve the quality of bow tie analysis and bow tie diagrams across an organization and the industry. This important guide: Explains the proven concept of bow tie barrier analysis for the preventing and mitigation of incident pathways, especially related to major accidents Shows how to avoid common pitfalls and is filled with real-world examples Explains the practical application of the bow tie method throughout an organization Reveals how to treat human and organizational factors in a sound and practical manner Includes additional material available online Although this book is written primarily for anyone involved with or responsible for managing process safety risks, this book is applicable to anyone using bow tie risk management practices in other safety and environmental or Enterprise Risk Management applications. It is designed for a wide audience, from beginners with little to no background in barrier management, to experienced professionals who may already be familiar with bow ties, their elements, the methodology, and their relation to risk management. The missions of both the CCPS and EI include developing and disseminating knowledge, skills, and good practices to protect people, property and the environment by bringing the best knowledge and practices to industry, academia, governments and the public around the world through collective wisdom, tools, training and expertise. The CCPS has been at the forefront of documenting and sharing important process safety risk assessment methodologies for more than 30 years. The EI's Technical Work Program addresses the depth and breadth of the energy sector, from fuels and fuels distribution to health and safety, sustainability and the environment. The EI program provides cost-effective, value-adding knowledge on key current and future international issues affecting those in the energy sector.

Author : André Dorsman,Timur Gök,Mehmet Baha Karan
Publisher : Springer Science & Business Media
Page : 221 pages
File Size : 40,9 Mb
Release : 2014-02-17
Category : Business & Economics
ISBN : 9783642415968

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Perspectives on Energy Risk by André Dorsman,Timur Gök,Mehmet Baha Karan Pdf

Since the Industrial Revolution, the efficiency with which energy resources are extracted and converted into work has played a prominent role in the accumulation of material wealth. The prominent role of energy resources, in conjunction with their scarcity and their uneven geographic distribution, has had significant repercussions. Collaboration, competition and conflict among nation states for energy resources have created global, geopolitical and market risks. In this volume, academic scholars and practitioners assess these risks from global, geopolitical and market perspectives. They do so by presenting empirical research and discussing our current understanding of this quickly changing and developing field. This is the third volume in a series on energy organized by the Centre for Energy and Value Issues (CEVI). The previous volumes in the series were Financial Aspects in Energy (2011) and Energy Economics and Financial Markets (2012).

Author : GARP (Global Association of Risk Professionals)
Publisher : John Wiley & Sons
Page : 140 pages
File Size : 53,5 Mb
Release : 2008-12-23
Category : Business & Economics
ISBN : 9780470447826

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Foundations of Energy Risk Management by GARP (Global Association of Risk Professionals) Pdf

GARP's Fundamentals of Energy Risk Management introduces investors to the basic components and some of the basic terminology used in the energy industry. It covers the commodity cycle, energy use and sources, and various risk types, various energy products and the markets where energy is traded. It also introduces certain risk management fundamentals and real option thinking. The book is GARP's required text used by risk professionals looking to obtain their Certificate in Energy Risk Management.

Author : United States. Congress. House. Committee on Science, Space, and Technology (2011). Subcommittee on Investigations and Oversight
Publisher : Unknown
Page : 272 pages
File Size : 51,8 Mb
Release : 2011
Category : Business & Economics
ISBN : UCSD:31822038355319

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Nuclear Energy Risk Management by United States. Congress. House. Committee on Science, Space, and Technology (2011). Subcommittee on Investigations and Oversight Pdf

Author : J. Jackson
Publisher : John Wiley & Sons
Page : 320 pages
File Size : 45,6 Mb
Release : 2008-03-31
Category : Business & Economics
ISBN : 9780470280218

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Energy Budgets at Risk (EBaR) by J. Jackson Pdf

Energy Budgets at Risk (EBar)® provides everyone from facility energy managers and financial managers to government policy-makers and electric utilities program planners with the background information required to understand energy cost, price, efficiency, and related issues important in developing a balanced approach to facility energy risk management. Throughout the book, respected energy economist Dr. Jerry Jackson clearly shows how to reduce energy costs and increase cash flows by using risk management concepts developed in the financial industry.

Author : Alberto Troccoli
Publisher : Springer Science & Business Media
Page : 361 pages
File Size : 50,8 Mb
Release : 2009-12-21
Category : Science
ISBN : 9789048136919

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Management of Weather and Climate Risk in the Energy Industry by Alberto Troccoli Pdf

Meteorological and climate data are indeed essential both in day-to-day energy management and for the definition of production and distribution infrastructures. For instance, the supply of electricity to users can be disturbed by extreme meteorological events such as thunderstorms with unusually strong winds, severe icing, severe cold spells, sea level elevation associated with storm surges, floods ... To be protected against such events, it is not sufficient to act after they have taken place. It is necessary to identify their potential impacts precisely and assess the probability of their occurrence. This book shows that this can only be done through an enhanced dialogue between the energy community and the climate and meteorology community. This implies an in-depth dialogue between actors to define precisely what kind of data is needed and how it should be used. Météo-France has been in long-term cooperation with the energy sector, including the fields of electricity production and distribution. Drawing on this experience, it should be noted in this respect the importance of lo- term partnership between actors as exemplified here by the message of EDF.