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Risk management

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

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).

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

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…

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