Risk management
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
Staging a transformation
Energy risk management has transformed since the early 1990s. Pauline McCallion speaks to risk managers about the challenges they faced in the early days and how they compare with the issues faced today
Michael Cosgrove
Our 15th anniversary profile series of key energy industry figures continues as Pauline McCallion talks with with Michael Cosgrove, head of commodities and energy brokerage, North America at GFI
Get-out clause
The economic downturn and fall in commodities prices have left many companies holding contracts that are now unfavourable. Julianne Hughes-Jennett and Alexander Anslow of Lovells discuss when force majeure and other clauses can be used to cancel or…
Model students
Mauro Cesa, Energy Risk's technical editor, talks to quants about how quantitative analysis for energy markets has developed and what they see as the most influential technical publications of the past 15 years
15-year Rankings
Energy Risk reveals the top-ranked companies over 15 years of Commodity Rankings
Glitz and glamour
Energy Risk's prestigious awards took place last month in London
Learning from losses
Energy and commodity markets have staged impressive growth in the past 15 years, but there have also been some eye-watering failures along the way. Katie Holliday considers what has been learnt from these catastrophes, and whether derivatives scandals…
Baltic Dry Index altered to boost derivatives trading
Changes will be made to how the Baltic Dry Index (BDI) is calculated in an effort to boost derivatives trading, the Baltic Exchange announced today.
CME launches SO2 futures and options contracts
The CME Group will offer new sulfur dioxide (SO2) emission 25-allowance futures and options contracts from July 12, for a trade date of July 13.
CCFE to list steel scrap contracts
The Chicago Climate Futures Exchange (CCFE) and pricing information company World Steel Dynamics (WSD) have launched the World Steel Exchange (WSE), a new exchange platform listing index-based cash-settled futures contracts for steel scrap.
Price fluctuations biggest risk for power companies says Aon
Volatile commodity pricing is the biggest risk facing power companies in 2009 according to risk management firm Aon's Global Risk Management Survey.
Trayport to link to Nymex and Comex
Trayport has announced a deal to link its Trading Gateway system to the CME's Globex platform and ClearPort clearing system, providing users with access to Nymex and Comex energy and metals products.