Editor's letter
Special recognition in the form of our Outstanding Achievement of the Year award goes to Shannon Burchett and his team at Risk Limited for their fuel relief work in New Orleans in the aftermath of Hurricane Katrina. You can read about the extraordinary efforts they went to to get much-needed fuel supplies into and around New Orleans.
With energy markets emerging and developing so quickly, much of the skill of any firm operating within them is in judging where the next big opportunity will be and moving in fast. In the article 'A prime time for energy prime brokerage', Ron Villarin discusses whether prime brokerage for energy companies could be the next business opportunity for banks. With electronic trading bringing in more players and more market places, energy companies may prefer to use the service of one bank for clearing, rather than develop separate relationships with a variety of exchanges, he argues.
Finally, Energy Risk's annual USA conference takes place in Houston between May 16th and May 18th this year. I hope to see many of you there!
More on Risk management
Interest in battery and flexibility soars in European energy markets
Energy traders are structuring bespoke contracts around Bess and flexibility that facilitate new ways of managing and sharing risk in this nascent market
Interview: Abaxx’s Joe Raia on LNG, Corsia and wind contracts
Abaxx’s Joe Raia talks to Energy Risk at E-World 2026 about the performance of its LNG and Corsia contracts and its latest wind contracts
Axpo interview: the rise of flexibility contracts in European power
Axpo’s Domenico Franceschino talks to Energy Risk about flexibility contracts, battery optimisation and the role of risk management in valuing these bespoke products
Energy firms revisit CTRM systems as tech advances
Energy executives mull how to tap into the explosion of new technologies entering the risk space, but systems selection must consider future business needs, writes Yefreed Ditta at Value Creed
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
How geopolitical risk turned into a systemic stress test
Conflict over resources is reshaping markets in a way that goes beyond occasional risk premia
Energy Risk Debates: the influence of risk culture
The panellists examine different risk cultures and discuss the risk manager’s role and influence in creating a risk culture
Energy Risk reaction: Venezuela and oil sanctions
Energy Risk talks to Rob McLeod at Hartree Partners about the energy risk implications of the US’s control of Venezuelan oil
