Risk management
RWE Supply & Trading introduces continental gas financial swap contract
RWE Supply & Trading (RWEST), the trading arm of German power company RWE, has developed a financially settled gas swap contract targeted at non-physical players in the gas markets.
CME calls for limits across markets
Chicago-based CME Group has published details of a proposed hard-limits regime, calling on all exchanges to adopt the same measures.
Commodity exchange trading rises 5.4%
Trading of commodity derivatives has risen 5.4% in the second quarter of this year, according to the Swizterland-based Bank for International Settlements.
Energy Risk -- New Website Video
Energy Risk editor Stella Farrington discusses the magazine's new online portal, and its benefits for the Energy Risk community.
Masterclass: Valuing generation assets using Monte Carlo simulation
In this Masterclass, Les Clewlow, James Lujun Liu, Doug Meador, Ron Sobey and Chris Strickland describe the use of Monte Carlo methods for valuing generation assets in more detail. In particular, they discuss the appropriate price models to use and how…
Realising operational efficiency
Energy trading companies face special challenges in running automated and efficient operations due to the rapid rate of change endemic to markets. David Foti presents principles that can drive efficiency
Bright futures
Hong Kong Mercantile Exchange (HKMEx) aims to become Asia’s leading commodity exchange. Roderick Bruce discusses the new venture with HKMEx president Albert Helmig, a 35-year commodity market veteran.
Sponsored Q&A: Exchanges
Paul Cusenza, Chief Executive Officer, discusses the advent of Nodal Exchange, its unique offering in the US power market and his belief that much of the OTC cash-settled power market in the US can be put on exchange
DGCX to launch commodity indices
The Dubai Gold & Commodities Exchange (DGCX) will use its futures prices to create commodity indices for the global investment banking and fund industry in the Middle Eastern region.
Spectron launches iron ore desk
Commodities brokerage Spectron has launched an iron ore trading desk covering global iron ore swaps markets.
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…