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Answers in the wind

Emissions trading

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Project valuations are always tricky problems. Invariably time is short and the value needs to be determined quickly. The modeller must therefore make assumptions and take shortcuts to reach a final valuation by the deadline. Experienced modellers usually recognise the assumptions embedded within their models and the explicit trade-off between more accurate valuations and either increased calculation time or difficulty of implementation. However, occasionally the modeller does not recognise

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CRO interview: Brett Humphreys

Brett Humphreys is head of risk management at environmental markets specialist Karbone. He talks to Energy Risk about the challenges of modelling outcomes in unpredictable times and how he’s approaching the risks at the top of his risk register

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