Energy transition
Gas traders fear US winter price spike
Shale’s ability to step up production rapidly is being relied upon to shore-up under-supply, but low prices may limit production delivery until a shortage occurs
CVA pricing for commodities with WWR
A calculation of CVA integrating a commodity futures exposure with probability of an event under WWR and credit downgrades
US carbon trade surviving below the radar
As the Trump administration refuses to address climate change both at home and abroad, a growing number of states are taking the lead, but will this enthusiasm reignite US environmental trading markets?
No escape from climate change tail risks
Harsh decisions need to be made on the future of energy financing now, before we run out of time
Climate risk joins ethics in driving lending decisions
Barclays, BNP Paribas and others are analysing risk of climate change-related losses
Energy transition: adapting to the unknown
Uncertainty surrounds the oil industry at every step in the transition to a more diversified energy market, energy experts write
Keeping the lights on
Power companies need to focus on resilient networks
UK balancing market opening up to industrials
Will efforts to open UK balancing market garner interest beyond suppliers and aggregators?
Energy Risk Awards 2018: The winners
BNP Paribas picks up three awards, while Macquarie takes the derivatives gong, amid a period of rapid change for the industry
Derivatives house of the year: Macquarie
Energy Risk Awards 2018: Cargill acquisition fuels growth for commodities-focused bank
Deal of the year: Engie
Energy Risk Awards 2018: By targeting smaller players in mature basins, Engie creates a structure ripe for replication
Natural gas house of the year: BP
Energy Risk Awards 2018: Reliability is key to BP’s ability to deliver across global gas markets, even in difficult conditions
Electricity house of the year: Engie
Energy Risk Awards 2018: For global energy firm focus is on anticipating client expectations, not just market trends
Coal house of the year: Javelin Global Commodities
Energy Risk Awards 2018: Bulk commodity trader helps US coal producers find new routes to growing markets in 2018
Emissions house of the year: Element Markets
Energy Risk Awards 2018: Established environmental business flourishes despite political uncertainty
Weather house of the year: Sompo Global Weather
Energy Risk Awards 2018: Weather derivatives provider launches innovative platform to serve clients transitioning from once-yearly purchases to granular hedging programmes
Base metals house of the year: BNP Paribas
Energy Risk Awards 2018: French bank continues China focus while helping European industrials hedge against aluminium price spikes
Commodity broker of the year: Griffin Markets
Energy Risk Awards 2018: Interdealer broker gained biggest market share of Europe’s most liquid gas hub in 2017
Consultancy of the year: d-fine
Energy Risk Awards 2018: Quantitative and technological know-how combine to improve performance for clients of German consultancy
Hedging advisory firm of the year: Aegis Energy Risk
Energy Risk Awards 2018: Digital innovation pays off for US hedging advisory firm
CTRM software house of the year: Openlink
Energy Risk Awards 2018: Vendor facilitates first largescale CTRM public cloud deployment
Technology advisory house of the year: Accenture
Energy Risk Awards 2018: In-depth commodities knowledge and wide experience across asset classes enables global advisory to boost client numbers and implement largest oil ETRM system in 2017
Innovation of the year: BNP Paribas
Energy Risk Awards 2018: French bank’s single-dealer platform brings new transparency to oil markets
Newcomer of the year: N-Ergy Power Solutions
Energy Risk Awards 2018: Flexibility has helped energy consultancy thrive in a rapidly changing regulatory environment