Market risk
Technology - Software selection - Selection success
Getting the best results from external ETRM software offerings requires careful preparation and an ongoing commitment from management. Addam Alderete outlines the key issues
Empirical electricity price modelling
Hanjie Chen and John N. Jiang discuss how system-wide load-capacity ratio and system-wide generation forced outages impact day-ahead electricity spot price and show how to incorporate these two key factors in the price modelling
Technology - Market Overview - Hot markets for ETRM applications
With high and volatile energy prices driving an increase in energy trading, energy companies and financial institutions playing in energy markets will need to focus on the most advanced technology to meet the needs of this fast paced market, writes Jill…
Peter Styles
An EFET board member, Peter Styles campaigns for fairer energy market trading conditions. He talks to Stella Farrington about his career and hopes for the future
Switzerland powers up
Though not a member of the European Union, Switzerland is liberalising its power market in order to bring itself more in line with the EU's liberalisation policy. Oliver Holtaway takes a look at this process and the expected impacts on energy markets
Trading concerns
The convictions of Ken Lay and Jeffrey Skilling in May closed a sorry chapter in energy trading. But it should be noted that much of what was good about Enron remains. However, some are concerned that Enron-like innovation now risks being stifled by lack…
Valid Assumptions Required: Historical Simulation VaR
Brett Humphreys discusses the assumptions underlying the calculation of a VAR using the historical simulation methodology.
CFTC accuses BP of price manipulation
The US Commodity Futures Trading Commission (CFTC) has accused BP Products North America of price manipulation in the US propane market.
EEX launches coal futures
Two major exchanges announced the launch of coal futures contracts last month, sparking fears that the competition might cripple liquidity in this fledgling market