Special series risk management reporting: Where's the 'RM' in ETRM?
Where's the 'RM' in ETRM?
The production, distribution, trading and hedging of commodities has long been a complex business. The larger companies that operate in this space do so in multiple physical markets, across multiple geographies and currencies, dispatch a range of physical assets, trade in various types of complex commodity contracts (power purchase agreements, tolling agreements, transportation contracts, virtual storage contracts and so on), as well as in standard hedge contracts. Increasingly, energy and
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