Market risk
Which way for Europe’s gas storage markets?
Fundamental changes to Europe’s natural gas market conditions and regulation should pave the way to a liquid gas storage market in its own right in coming years. Alex Davis examines how this stands to impact gas storage asset management
Opportunities in Russia's power market
Russia’s energy markets are known for being closed off to Western involvement. But as the regulators prepare to finalise their liberalisation programme this month, is the landscape becoming ripe for Western participation? Katie Holliday examines the…
Energy investment delays raise operational risks
After infrastructure investment in the energy and commodities industry dropped to record lows following the credit crunch, Lianna Brinded takes a look at whether the new uptick in spending is too little, too late for staving off operational risk
US regulation update
The Dodd-Frank Act rule-making process has continued apace since enactment of the legislation in July 2010. However, in spite of the regulators’ progress in several major areas, significant concerns remain for energy market players. Pauline McCallion…
Trading positions - January 2011
Energy Risk catches up with the latest appointments, promotions and departures in global commodity markets
EU financial rules consultation raises industry concerns
The European Commission has recently distributed its industry consultation on the expected changes to Mifid’s legislation. Alex Davis asks if the energy sector should be alarmed
Smooth start for Texas nodal
Hedging activities in Ercot’s day-ahead market have commenced after its nodal transition. Pauline McCallion reports on expectations for future risk management developments
Global carbon market gears up for 2011 climate talks
The COP16 meeting in Cancun has been deemed a ‘technical success’ by market participants, but expectations were far lower in comparison to Copenhagen. Katie Holliday investigates
CER/ERU spread to tighten this year, say experts
On the back of Russia starting to issue ERUs, increased market liquidity will lead to tighter ERU/CER spreads, say analysts
Chilton to support comments on position limits
Commissioner supports publishing position limits proposals for public comment; continues to call for interim position "points" system to collect data
National Grid: No gas supply emergency
UK’s National Grid reassures the market that there is no gas supply emergency despite gas demand soaring
CFTC mulls position limits rule, delays vote
US regulator fails to vote on position limits proposal; questions raised about data availability
US E&P to shift from gas to liquids in 2011
Liquids-rich plays attract attention as the low natural gas price outlook continues
Vote now in the 2011 Energy Risk magazine Software Rankings!
Energy Risk's annual software ranking needs your vote today! Entrants could win a prize.
South Korean export markets won’t slow
South Korean freight derivatives growth will not slow, despite the financial regulator’s institutional warning to Barclays and a caution to an individual at JP Morgan for breaking local banking rules by selling inappropriate currency derivatives that are…
IEA: Derivatives not to blame for oil's strength
The International Energy Agency (IEA) says that supply and demand fundamentals are to blame for oil price strength, not speculative derivatives products
Positive outlook for 2011 commodity inflows: survey
Commodity investment to strengthen and become more active in 2011 as natural gas producers look to hedge low price expectations
EU quells dual-reporting fears over energy market proposals
EC makes sure dual reporting will not be an issue in latest energy market regulation proposals
Last-minute power plant hedging will push up carbon prices
Prices for European Union carbon allowances (EUAs) will rise sharply in 2012 as companies hurry to hedge their emissions compliance requirements by the end of that year.
CFTC wants power market input on Dodd-Frank rule-makings
CFTC commissioners are concerned about the breadth of the Dodd-Frank swap dealer definition; staff call for electricity sector comments
Video: Q&A with Benedikt von Butler, Citigroup
Benedikt von Butler of Citigroup discusses how market participants in the central and eastern European markets can ensure they are fully prepared for the risk of new climate change legislation and manage their carbon risk accordingly
Sponsored Q&A: Navita Systems
As the European Union’s (EU's) Carbon Market Initiative nears implementation of Phase III, Navita Systems’ Anette Nordskog discusses the recent developments in the carbon market, along with the practical and technological challenges it faces
Hedge expiries to increase US power ratings risk in 2012: Moody’s
Favourable hedges protect unregulated power company ratings next year, but 2012 expiries could leave sector exposed