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Market risk

The IFRS conundrum

Firms with a public listing in the EU need to adhere to complex accounting standards on financial instruments. Michiel Mannaerts and Pieter Veuger look at the latest implications for energy companies

Can coal deliver?

US coal supply needs to increase by around 8% in the next five years to meet projected demand. For that to happen, huge investment is needed and prices are likely to rise, finds a Global Energy Decisions study

When M&As fail

US M&A activity plummeted in 2006, leading to fears that much-needed – but capital-intensive – infrastructure plans could be put on hold. Merging with infrastructure funds instead of private equity may be an easier way for utilities to jump some…

Powering debate

Concerns about energy supply security and climate change are causing a nuclear power renaissance in Europe. However, despite changing attitudes, the regulatory, political and financial barriers to nuclear new-build remain significant, finds Roderick Bruce

Jeffrey Sprecher

IntercontinentalExchange's JEFFREY SPRECHER talks to Roderick Bruce about the inspirations and motivations that have driven him to the top of the energy trading business

A dangerous precedent

European power market participants are up in arms over a draft law in Germany which, if passed, could devastate liquidity both in Germany and beyond by allowing the German Cartel Office to force some suppliers to price their power on a cost basis. Oliver…

Czech commodity exchange powers up

The Prague Stock Exchange (PSE), with the support of the Czech Ministry of Industry and Trade, is in the process of establishing a new energy commodity exchange, Energetická Burza. The new exchange will rely on the PSE’s established trading systems, and…

2007 rankings result tables

A full breakdown of the top dealers and brokers, category by category, including: oil, natural gas, electricity, coal, environment, research, structured products, agricultural products and metals

Trading Technologies to support trading on Nybot

Trading software developer Trading Technologies (TT) has announced that from 2 February it will support electronic trading of the New York Board of Trade’s (Nybot’s) benchmark agricultural commodity products through its X_TRADER order-entry platform.

Compliance solutions

Compliance with regulations such as Sarbanes-Oxley and Mifid is putting an increasing burden on energy-trading firms. Roderick Bruce looks at ways of overcoming the latest regulatory hurdles

UBS takes top metals spot

UBS has won top spot in this year's metals poll, pushing last year's winner, Barclays Capital, into second place. Goldman Sachs finishes in third position and HSBC in fourth, in a year characterised by volatile metal prices. By Mark Pengelly, with…

Deregulation backtrack

Montana's new Public Service Commissioner Ken Toole has long been against the deregulation of electricity markets and is now pushing for re-regulation in the state. He talks with David Watkins

Gas portfolio and transport optimisation

Deciding which instruments to use to balance gas flows is not easy. Gido Brouns and Alexander Boogert discuss how to achieve gas portfolio optimisation by integrating this with the various gas transportation options available

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