Energy transition
Assessing LNG market risk
Managing the risks of liquefied natural gas markets means being aware of market, credit, foreign exchange and systemic risk, writes Stephen Maloney. When correlations converge and with systemic risk ascending, agility might be the best strategy
Weather study finds that hedging improves firm value
Hedging programmes have a positive effect on a company’s share price and financial performance, according to a new academic study that examines the use of weather derivatives by US utilities
Energy Risk Canada: Low crude prices won’t stop oil sands development, experts say
The prospects for long-term development of the Canadian oil sands remain good, presenters at Energy Risk Canada say, dismissing concern about the recent plunge in crude oil prices
Brent crude seen at $50/bbl by Q3 in worst-case scenario: Credit Suisse
Credit Suisse has released a research note today that highlights the potential for oil prices to fall to levels last seen during the 2008 crisis
Energy Risk USA 2012
The impact of Dodd-Frank, the future of natural gas markets and the risk of extreme weather were all topics of vigorous discussion at the 2012 Energy Risk USA conference. Alexander Osipovich reports
Turning points: Labhart Risk Advisors’ Glenn Labhart
Labhart Risk Advisors’ Glenn Labhart talks to Gillian Carr about how trading and risk management functions have evolved over his career, and points to what needs to happen next
Will CFTC's new powers lead to more market manipulation cases?
US regulators have gained new powers to battle energy market manipulation, and the White House is pushing them to act more aggressively. Should traders be worried? Alexander Osipovich reports
Report urges boosting Ercot price cap, restructuring Texas power market
A report commissioned by the Electric Reliability Council of Texas (Ercot) has recommended that the state increase its maximum peak power price in order to spur investment in new generation capacity and lower the risk of blackouts
Nordic power outlook
While it has traditionally been a large, stable and liquid power market, the Nordic region has begun initiating change as it prepares for a future with less trading activity from financial players, growing volatility due to renewables and increased…
Boultwood steps down as CRO of Constellation Energy
Move follows merger with Exelon Corporation. Risk management at the combined company will now be run by Exelon CRO, Joseph Glace
Outlook for corporate hedging as banks pull back from energy markets
Will corporate hedgers suffer if more banks pull back from energy and commodities trading? Pauline McCallion examines the issue of dealer retrenchment from the market
Energy Risk Europe and US awards 2012
The past 18 months have certainly not been easy ones for energy market players.
Commodities Research House of the Year: BNP Paribas
This year’s Energy Risk’s Commodities Research House of the Year goes to the commodity market strategy team at BNP Paribas for its accurate, well-timed market analysis and the expansion of both the team and its coverage in the past 12 months
Best Newcomer of the Year: Woodlands Solutions
With the rollout of version 5.0 of its innovative and cost-effective Phoenix system in 2011, Woodlands Solutions really stepped up its game in the energy trading and risk management (ETRM) software space, competing with long-standing players and scooping…
Technology House of the Year – Highly Commended: CubeLogic
Software developer CubeLogic has attracted a devoted following since its November 2009 launch and has been highly commended in our Technology House of the Year category
Technology House of the Year: TriOptima
TriOptima wins our Technology House of the Year award for its innovative triReduce and triResolve technologies, which have been gaining traction in the energy space over the past year
ETRM Software Advisory House of the Year: Structure
Structure wins our inaugural ETRM Software Advisory House of the Year award for an impressive array of vendor selection and implementation projects, including the world’s largest natural gas trading system implementation of its kind, and for its 35–40%…
Exchange of the Year: European Energy Exchange
The European Energy Exchange (EEX) has won Energy Risk’s Exchange of the Year award for a successful year in which it has grown its European natural gas market share and initiated policies that anticipate, rather than react to, changing market conditions…
Broker of the Year: GFI Group
This year’s Broker of the Year award goes to GFI Group for the steady growth of its energy and commodities business, fuelled by a strong focus on technology
Deal of the Year – Highly Commended: Macquarie Energy
Macquarie Energy’s physical oil team have received highly commended status in Energy Risk’s 2012 Deal of the Year award for winning a substantial contract to work with Canada’s Harvest Operations selling crude to, and purchasing product from, its…
Deal of the Year: Bank of America Merrill Lynch
The winner of this year’s Deal of the Year award is Bank of America Merrill Lynch (BAML) for its lead role on Project Amp, the largest distributed solar transaction in history
Structured Products House of the Year: Deutsche Bank
The past year was a tough one for many commodities investors, with extreme volatility and poor returns in a number of markets
Weather House of the Year: RenRe Energy Advisors Ltd
RenRe Energy Advisors Ltd (Real) has won the Weather House of the Year award for the third year running after a successful 2011 in which it executed transactions on five continents, completed its first wind resource hedge for a major UK utility, and…