Feature
Credit - Energising credit
Traditional credit instruments can be used to mitigate credit risk in the energy sector, despite the unique risk management challenges, says Chris Coovrey
Commodities Count 2006
The recent swell in energy market participants means the battle for dominance has never been fiercer, but the increased competition means ever-more sophisticated product offerings, finds Stella Farrington
Europe goes nuclear
Proposals to build new nuclear power plants in the Baltic states and Poland are gathering pace, finds Maria Kielmas
After the storm
Last year's devastating US hurricane season hammered home the link between energy and weather. But some believe it may also hold a key to predicting this year's weather, says Todd Crawford of Weather Services International
Questioning dollar cost averaging
When implementing a hedging strategy, the popular dollar cost averaging approach may sometimes be less prudent than the lump-sum method for managing energy risk, writes Tim Simard
Correlation - The energy price factor
Navneet Arora provides empirical evidence that significant correlations exist between the movements of commodity prices and the credit quality of firms in the energy sector
Introduction - New frontiers in credit
Rising energy prices have thrown the issue of credit into stark relief, and credit lines are being used up increasingly quickly. How should credit managers react?
In defence of Gazprom
The Russian gas giant's recent price dispute with Ukraine has not given it the best start to the year, but the cat calls of political bullying are not deterring Gazprom's European customers, writes Oliver Holtaway
Survey - Positive feedback
Energy Risk's second annual emissions survey charts the development of emissions trading in Europe since the start of the European Union Emissions Trading Scheme a year ago
CDM reaches out
European firms are now aided in meeting their climate targets by being encouraged to invest in third world emissions reductions. But, as Oliver Holtaway discovers, not everyone is optimistic that the industry will participate
The blame game
In the first of two articles on the effect of speculative traders on energy prices, Tom Matthews of Kinder Morgan argues that speculators do not cause price volatility and outlines research he has done on the subject
Market focus - Sky-high cost of clean air
US emissions allowance prices for sulphur dioxide (SO2) rose nearly 200% in 2005 and 300% during 2004. Sandy Fielden of Logical Information Machines examines the SO2 emissions allowance market and discovers which market drivers are forcing prices ever…
The advantage of ASPs
Web-based energy-trading solutions offer certain advantages over server-based systems, says Thurstan Bannister. In a later issue, we will publish an article setting out the benefits of server-based software
Price drivers - Policy fears in EU ETS
Developments in 2005 have shown that the EU ETS price has been correlated to relative fuel prices and weather. However, there are still remaining policy issues that could greatly influence prices, writes Henrik Hasselknippe and Kjetil Roine from Point…
Deriving storage value
Following an article Energy Risk published in July, TransCanada's Farzan Nathoo looks at how companies can extract value from their natural gas storage assets
The windfall dilemma
Free allocations of emission allowances may keep fossil fuel generators happy, but their customers are not smiling. Tobias Hsieh, credit analyst with ratings agency Standard & Poor's, explains who wins and loses under the trading rules
Package deals
Banks have been choosing off-the-shelf fully integrated systems for energy trading and risk management. But some feel the available software still falls short
Rights and resources
Doing business in a country with a poor human rights record can be costly, thanks to the changing landscape of corporate liability and human rights. Maria Kielmas reports
Pioneers Oil: David Hufton
Today it's almost impossible to imagine an energy world without a mature, liquid oil market at its heart. Yet the development of the world's biggest commodity market was not a natural inevitability - it took the hard work and tenacity of a small and…