Quants: how they shaped the modern energy market
Application of quantitative analysis to energy was far from smooth
Quantitative analysis revolutionised financial markets in the 1970s and 1980s, but its use in the energy world was limited until the 1990s, when deregulation spread across natural gas and power markets in the US and Europe. As the old order of fixed prices and guaranteed markets came to an end, gas and power companies became exposed to substantial price and volume risk for the first time, rendering risk management an urgent new priority.
Faced with the need to calculate exposures to market
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US shutdown leaves commodity traders without key data
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Energy Risk at 30: Learning from the past
Energy Risk looks back at the seminal events and developments that have shaped today’s energy markets
