Risk Staff
Follow Risk
Articles by Risk Staff
CATHERINE FLAX
Catherine Flax, global head of commodities marketing at JP Morgan talks to David Watkins about what makes the energy sector so unique
Full spectrum
In January, Duke Energy spun off its natural gas business into a stand-alone company – Spectra Energy. David Watkins talks with Martha Wyrsch, Spectra president and chief executive, about the benefits of a pure-play firm versus an energy superstore
Compliance solutions
Compliance with regulations such as Sarbanes-Oxley and Mifid is putting an increasing burden on energy-trading firms. Roderick Bruce looks at ways of overcoming the latest regulatory hurdles
Gas portfolio and transport optimisation
Deciding which instruments to use to balance gas flows is not easy. Gido Brouns and Alexander Boogert discuss how to achieve gas portfolio optimisation by integrating this with the various gas transportation options available
Deal of the year
In this special report, Energy Risk takes a look at some of the most interesting and innovative deals conducted in the energy arena over the last few months
In defence of VAR
High profile losses such as those at hedge fund Amaranth last year had people questioning risk management tools, particularly value-at-risk. But Chris Schlegel and Andrew Kosnaski believe VAR would have given adequate signals to traders in the volatile…
Moves to maturity
While many obstacles to the liquid short-term trading of gas in Europe remain, the market infrastructure is showing some signs of maturing. Oliver Holtaway looks at hub development in the European gas markets
Christopher Allsopp
The Director of the Oxford Institute for Energy Studies talks to Oliver Holtaway about his fresh approach to energy analysis
Dealing with a volatile gas market
Eric Fishhaut explores the current state of volatility within the US natural gas market and outlines how hedging with 'strips' can be used to secure long-term prices that are variable, but known
EC takes firm line on emission allowances
As Phase II of the EU ETS comes in to effect, the EC has slashed the national allocation plans of more than ten member states, writes Oliver Holtaway
Correlation and credit VAR
Navneet Arora and Shisheng Qu show that credit VAR in commodity trading is affected not only by the inherent credit risks of counterparties, but also by various correlations among counterparties and between counterparties and commodity prices
An uncertain future
European natural gas demand is expected to rise in the next three decades. But, as Anouk Honore finds, the overall picture is not easy to predict, and depends on what happens in individual countries – particularly Italy and Spain
Richest US state hedges to dodge blackouts
The US state of Connecticut is rolling out an innovative method of power contracting which it hopes will alleviate some of the state's energy woes. If effective, the model could spread to other states, writes Elisa Wood
Depending on Russia
Europe's increasing dependence on Russia for gas supplies throws up new risks that must be assessed. Understanding political risk is key, but the biggest risk to supply could be the lack of investment in the sector, finds Roderick Bruce
Successful networking
Germany's virtually non-existent gas market has been given a shot in the arm by the country's network regulator, which has banned anti-competitive grid access contracts. Could this be the start of a success story, asks Oliver Holtaway