Energy transition
Video: Centrica chief risk officer Olivier Herbelot
Herbelot discusses how the UK power and gas giant manages its risk
Energy firms concerned by Mifid II ‘ability test’
The definition of a financial instrument under Mifid II and the structure of two key exemptions are worrying energy trading firms such as utilities
Video: Enron 'best' and 'lowest' career moment, says Kaminski
Vincent Kaminski opines on topics including the "best" and "lowest" moment of his career, financial regulation, oil fundamentals and European energy markets in a wide-ranging interview filmed at Energy Risk Summit USA
Cutting Edge: Co-simulation of risk factors in power markets
In this article, Jialin Zhao and Sang Baum Kang propose a simple but realistic model to co-simulate the time series of three risk factors: temperature, electricity load and prices. In addition, the authors provide load-serving entities with a…
Goldman Sachs names global commodity sales head
Castleton appoints Mercuria CIO; Natixis recruits commodity co-head; Logler joins TrailStone; VTB Capital hires commodity head; Maersk Oil names top marketer
Italian refiner seeks boost from supply and trading unit
Italy’s Saras is taking advantage of a well-supplied crude market and the flexibility of its Sardinia refinery to seek out trading opportunities, but challenges loom in the form of onerous financial regulations and the structural difficulties of Europe’s…
Energy market liquidity faces threat from regulation
Financial reforms such as Mifid II could undermine years of progress by governments, regulators and industry aimed at building liquid and transparent European energy markets
Report highlights decline in US gas price reporting
Fewer US energy firms are reporting gas trades to Platts and other index publishers, amid shifts in market structure and fears of regulatory risk
Mifid II adjustments fail to ease energy firms' worries
Energy firms such as utilities are fighting hard to avoid being regulated under Mifid II and having to comply with onerous EU financial rules. But despite last-minute changes to regulators’ proposed technical standards, the chances of escape appear slim
Trading calendar spread options on energy futures
This excerpt from the new CME Group white paper on calendar spread options (CSOs) explains what CSOs are and how they are used in crude oil and natural gas markets.
Energy trading technology moves gradually into the cloud
Energy trading and risk management (ETRM) software is gradually starting to make use of cloud computing – a move that could improve the efficiency and capabilities of ETRM systems while also reducing costs, say consultants and market participants
Market participants worry for European energy liquidity
Banks, energy firms and regulators expressed concern about the impact of regulation on EU energy market liquidity at Energy Risk Summit Europe on June 24 and 25
Intervention isn't needed to secure flexibility in power
Germany needs flexibility to cope with increasing volumes of intermittent renewable power. Contrary to some of the solutions that have been mooted in response, Steffen Köhler of EEX argues the best way to achieve flexibility is by working with market…
EU power traders rail against national interventions
Interventions by national governments in areas such as capacity and renewables are hampering the EU electricity market, complained panellists at Energy Risk Summit Europe
Remit breaches already being investigated by Acer
Acer was already investigating breaches of Remit, but needed more resources to carry out its role, said director Alberto Pototschnig, speaking at Energy Risk Summit Europe
Highlights from Energy Risk Summit Europe 2015
Exclusive coverage of the annual congress for energy traders and risk managers, held on June 24-25 in London
European utilities face 'perfect storm', says Engie's Cirelli
Utility giants are already in deep trouble and urgently need to overhaul their business models, the former chief executive of Gaz de France told Energy Risk Summit Europe
Impact of Mifid II on commodities sparks heated debate
Industry representatives and regulators clashed while discussing tightened rules on commodity dealers under Mifid II at Energy Risk Summit Europe
Energy firms face Remit "nightmare", conference told
Companies may struggle to monitor trading data being sent to Acer on their behalf, said panellists at Energy Risk Summit Europe
Live coverage: Energy Risk Summit Europe 2015 - Day 2
Follow real-time highlights from Energy Risk's annual gathering of energy traders and risk managers in London
Ask questions and avoid sure bets, energy traders told
David Port, CRO of E.on Global Commodities, called for traders to adopt a more disciplined approach at Energy Risk Summit Europe
Live coverage: Energy Risk Summit Europe 2015 - Day 1
Follow real-time highlights from Energy Risk's annual gathering of energy traders and risk managers in London
OTCGH’s Loya sees value in unorthodox business model
Javier Loya, the head of OTC Global Holdings, speaks about his firm’s unorthodox business model, the virtues of competition and the “go-go days” of energy trading
Ferc manipulation cases put limits on US power traders
US power traders face stricter limits as a result of recent Ferc enforcement actions that have created uncertainty over the definition of market manipulation. The pressure has intensified since the regulator won a procedural victory in its landmark case…