Risk management
Risk Management After Lehman
Can the constants used by quants and risk managers be trusted in the post-Lehman environment? Chris Schlegel of Southern Company looks at some of the pitfalls risk managers need to look out for when using constants and assesses why they are both vitally…
Feeling Secure? Energy Risk's Risk Management Survey 2009
Budget constraints have become the biggest hindrance to effective risk management, and credit is the biggest risk to energy trading, according to respondents of Energy Risk’s 2009 Risk Management Survey. Rachel Morison presents the results
Market focus: derivatives - Risky business
Companies that are heavy consumers of energy are particularly susceptible to market volatility. For such end-users, proper use of risk management techniques can mean make or break, says Eric Fishhaut of GlobalView
Taking a health check
When global economic recovery eventually takes place, it is essential energy trading organisations are in a position to capitalise on market changes. Julie Shochat and Ryan Rogers of Enite set out some guidelines
Get ready for the revolution
Global events and climate change have fundamentally changed the face of energy procurement. Chris Bowden of Utilyx looks at the issues facing energy-intensive businesses in the UK
White paper: Focused on the future – learning lessons from the past
In this white paper, Mark Konijnenberg, managing director commodities group at Citi, talks about developing trends in energy risk management since the extreme price volatility of 2008 and outlines how the group is keeping up to date with clients’ needs
Banks step forward at second CFTC hearing
Investment bank structures came under fire today at a Commodity Futures Trading Commission (CFTC) hearing called to examine position limits and hedge exemptions in the energy sector.
Regulator re-opens speculation debate
At the first of three hearings on possible methods to control oil price speculation today, the Commodity Futures Trading Commission (CFTC) chairman called for serious consideration of the need for position limits in energy trading.
CFTC to regulate ICE natural gas contract as SPDC
The Commodity Futures Trading Commission (CFTC) has imposed new regulatory and reporting requirements on a natural gas contract traded on the IntercontinentalExchange.
CFTC sets dates for position limits hearings
The Commodity Futures Trading Commission (CFTC) will hold the first of three open hearings to discuss energy position limits and hedge exemptions on July 28, 2009.
Airlines to face €1 billion carbon bill in 2012
Aviation's entry into the European Union Emissions Trading Scheme (EU ETS) in 2012 is set to cost the sector €1 billion, a report by carbon analysts Point Carbon has shown.
Senate investigates speculation in wheat market
Several market participants appeared before a Senate subcommittee today to discuss the effect of excessive speculation on the price of wheat futures.
Trayport links cleared OTC energy trades to LCH.Clearnet
Trading software provider Trayport has announced that it will now offer automated clearing for energy OTC trades on LCH.Clearnet.
French power supply problems could hit UK
Unusually high temperatures last month put a third of France's nuclear power stations out of action, forcing the country to import electricity from the UK. According to Chris Bowden, CEO of energy and carbon advisors Utilyx, the UK may face similar…
UPDATED: CFTC plans speculation clampdown
The Commodity Futures Trading Commission (CFTC) will hold public hearings in July and August to discuss the need for federal position limits to be imposed on energy futures traders.
Oil & gas sector stung by Obama budget proposals
Tax changes proposed in President Obama's 2010 budget have raised concerns in the US oil & gas industry about supply security and price volatility. Pauline McCallion reports
Staging a transformation
Energy risk management has transformed since the early 1990s. Pauline McCallion speaks to risk managers about the challenges they faced in the early days and how they compare with the issues faced today
Model students
Mauro Cesa, Energy Risk's technical editor, talks to quants about how quantitative analysis for energy markets has developed and what they see as the most influential technical publications of the past 15 years
House passes cap-and-trade bill
The House of Representatives has passed the American Clean Energy and Security (ACES) Act, taking the US a step closer to developing a national carbon cap-and-trade initiative.
Deutsche Börse introduces real-time information trading product
Deutsche Börse Market Data and Analytics has introduced a product that provides fundamental data for electricity trading and real-time data for the European power market.
Waxman-Markey early action provisions criticized as unclear
Industry commentators have spoken out about the provisions for early adoption of carbon emission reduction strategies in the cap-and-trade legislation currently going through the US House of Representatives.
EEEM sees rising returns thanks to climate change investment
Energy efficiency and energy management (EEEM) received over $184billion of climate change stimulus funds and saw the strongest returns, rising 16% year to date, of the four climate sectors outlined in the latest quarterly review of the HSBC Climate…
DOE moves forward on CCS
The US Department of Energy has announced plans to advance the construction of the first commercial scale, fully integrated US carbon capture and sequestration (CCS) project.