Is risk modelling keeping up with the energy market?
There is no shortage of books, training courses and conferences on the topic of energy risk modelling. A simple Google search for the term returns approximately 49.4 million results. Despite this, energy risk practitioners complain the field is being neglected due to a wider retrenchment from energy trading by banks and a lack of investment from other participants, such as utilities. This lack of investment could leave energy risk models lagging the fast-developing physical energy market, they
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