Risk management
Flying into a storm
Extreme volatility in oil markets has caused hundreds of millions of dollars in losses on airline fuel hedges. At the same time, burgeoning margin calls have forced some to get creative with collateral agreements. How is the airline industry adapting? By…
Steering out of turbulence
In recent months, Germany's national carrier Lufthansa has faced one of the most challenging operating environments in its history. Its fuel hedging team has played an important role in navigating the firm through turbulent markets, finds Roderick Bruce
Dry bulk market's revival
The dry bulk freight market is showing increasing volatility after slumping earlier in the year. Peter Norfolk of SSY looks at the reasons why
Could energy follow finance into meltdown?
Energy companies aspiring to gain Tier I status have long emulated the banking model, in which trading is the repository for pricing and the management of market risk. In light of what has happened to many banks, should energy companies be adopting this…
John Hall Associates and EnergyQuote merge
UK-based energy consultancies and procurement specialists John Hall Associates and EnergyQuote have merged.
Optimisation through a component framework
Implementing the most suitable ETRM software for has become increasingly daunting. Paul McLean-Thorne and Tim Hughes investigate
Power plant Greeks
The computation of the price sensitivities - otherwise known as the Greeks - of a power plant is essential for proper hedging and risk management. However, due to the complexity and difficulty involved in the modelling of generation characteristics and…
Painful mistakes
The use of spreadsheets remains widespread in the energy trading sector, but the risks are high. Pauline McCallion looks at how these traps can be avoided
Optimisation through a component framework
The challenge of implementing the most suitable ETRM software solutions for energy companies trading and hedging multiple physical commodities in numerous locations has become increasingly daunting. Paul McLean-Thorne and Tim Hughes explore the options
Movers & shakers
As part of our 15th Anniversary, Energy Risk rounds up 15 of the most influential and innovative companies currently active in the traded energy markets and profiles their achievements
Power plant Greeks
The computation of the price sensitivities - otherwise known as the Greeks - of a power plant is essential for proper hedging and risk management. However, due to the complexity and difficulty involved in the modelling of generation characteristics and…
Where to next?
Energy trading is experiencing rapid change and it can be difficult for ETRM software to keep pace. Rachel Morison finds out which issues software vendors are tackling and what they expect next-generation software to achieve
SMX selects Standard Chartered as clearing bank
The Singapore Mercantile Exchange (SMX) has appointed Standard Chartered to provide its clearing and settlement services.
Amerex launches consulting service
Amerex Brokers, an over-the-counter energy broker and wholly-owned subsidiary of GFI Group, has formed a fee-based energy risk management and execution consulting division called Amerex Energy Consulting Services (AECS).
Trayport links cleared OTC energy trades to LCH.Clearnet
Trading software provider Trayport has announced that it will now offer automated clearing for energy OTC trades on LCH.Clearnet.
Power outlet
The 13th annual Energy Risk USA conference brought key industry figures together in Houston to discuss the latest developments in energy markets and risk management
Recognising outstanding contributions
To celebrate it's 15th anniversary, Energy Risk is honouring pioneer traders, top women and pioneer quants who've made an outstanding contribution to energy trading and have shaped today's energy markets