Market risk
As US hurricane activity falls, Asian weather risk rises
US weather conditions are purported to become more neutral this year, but forecasters are already looking to Asia as a potential risk management growth area. Pauline McCallion reports
Trading positions - June 2011
Energy Risk catches up with the latest appointments, promotions and departures in global commodity markets
European power: the future of interconnectors
Ilesh Patel discusses current regulatory, market and financing challenges to international electricity trade, and proposes a plan of action for regulators and actors in the market
Stress testing under stress
The extreme market-moving events of this year are causing risk managers to revisit the basics of stress testing – how often, which factors to include, and how sensitive and specific to make them. Is there a set answer or must each firm decide its own…
Challenges ahead as US coal exports grow
The US coal market could be facing an about-turn with regards to exports and imports. Pauline McCallion looks at the potential implications for trading and risk management among US producers
Libya and beyond: legal implications of force majeure
Civil unrest in Libya continues to have a major impact on commodity traders with interests in the country. Andrew Ridings and Darren Wall discuss the issues facing traders and examine the legal implications
Carbon 101 - the carbon market explained
While the ultimate aim of carbon trading is simple, the various trading schemes and how they fit together is fairly complex. Daniel Bloch explains the background to the major carbon trading schemes and various mechanisms currently in operation
Energy Risk USA - 2011 conference highlights
The 2011 Energy Risk USA conference in Houston provided the chance to interact with industry peers and hear about the latest energy market developments.Ned Molloy and Pauline McCallion report
Dodd-Frank: Summary of rule-making progress so far
As regulators approach the end of the Dodd-Frank rule-making period, Energy Risk details the proposals so far and considers what lies ahead for the new regulatory regime. By Peter Madigan with additional reporting by Pauline McCallion
Dodd-Frank puts market manipulation on the radar
Dodd-Frank regulation could usher in more market manipulation cases such as the recent CFTC case against Arcadia Petroleum, Arcadia Energy and Parnon Energy, say market experts
Market focus on summer reliability after outages
North American power supply expected to meet demand this summer as Texas system faces increased scrutiny after winter outages
Energy Risk USA: could anti-manipulation rule curb energy activity?
Dodd-Frank manipulation rules could “chill” energy market and boost regulatory infrastructure costs: ER USA panel
Trend towards in-house clearing could increase fees and admin
The LME is the latest exchange considering whether to build its own clearing business. If the trend continues, banks could face more fees and administration
GDF Suez chooses bank status for new trading arm
European energy giant GDF Suez this week launched a new trading unit, choosing to obtain bank status that prepares it for potentially tougher European regulation of commodity trading
Will ruling create agreement on regulatory jurisdiction?
The FERC’s $30m fine for former a Amaranth trader has set a strong precedent for market manipulation cases, but regulatory overall jurisdiction remains unclear. Pauline McCallion reports
US energy speculation investigation begins anew
The latest effort by the US government to investigate the impact of speculation on oil prices has been met with cynicism by market participants. Pauline McCallion reports
Trading positions - May 2011
Energy Risk catches up with the latest appointments, promotions and departures in global commodity markets
Profile: Diana Higgins, Director Crediten
Assessing counterparty credit can require the skills of a private detective, says Diana Higgins, talking to Stella Farrington about her credit risk career and the changing role of the credit function
Sponsored Q&A: Accenture Risk Management
The Federal Energy Regulatory Commission (FERC) Orders will dictate change in the wholesale electricity markets this year, requiring all regional transmission organisations, independent system operators and participants to respond. Executive Director at…
Sponsored Q&A: LIM
The nature of data delivery has changed in recent years and prompted data management companies to offer more flexible delivery options in order to stay competitive. LIM, a Morningstar company, is developing its technological capabilities to provide a…
UK power execs debate $325 billion investment requirement
UK power demand is expected to double by 2050 while a quarter of its generation capacity will need replacing within 10 years. EU targets call for production from renewables to jump from 7% to 30% of total output. Vanya Dragomanovich talks to top industry…
The outlook for an LNG derivatives market
The first financially settled LNG swap was traded earlier this year. Could an active LNG swaps market now follow? Rebecca Hampson investigates
Are the days of oil/gas indexation numbered?
Will the unprecedented dislocation between oil and gas prices – forecast to last some time – finally mean a transition away from oil indexation for pricing gas contracts, and is the gas market mature enough to produce accurate price indicators? Ned…