Risk management
Exclusive video: Impact of CO2 on power prices
Power risk managers may face previously unforeseen cost challenges in the next few years, as not enough research has been done to quantify the marginal effects carbon dioxide (CO2) emissions prices will have on the electricity generation sector, says…
Exclusive Credit Suisse video: energy price outlooks
Crude oil prices will stay range-bound over the next three years, due to substantial Organization of the Petroleum Exporting Countries (OPEC) spare capacity, growing global demand and significant financial flows, says Credit Suisse’s head of global…
Exclusive Kaminski Video: energy risk management challenges
The energy markets still face an unprecedented level of regulatory risk over the next year, as impending changes to the US financial system loom, while at the same time, BP’s Gulf of Mexico oil spill has presented major operational risk factors for the…
Special regulation report from Houston
With the US set to unveil the largest set of financial regulation reforms of the past 30 years, Lianna Brinded reports from Houston, Texas, on how these changes will effect the energy and commodities industry.
Turning points: Nick Cioll, CRO, CFO of TriEagle Energy
Nick Cioll, CRO and CFO of TriEagle Energy, speaks with Pauline McCallion about the turning points in his career that led him to blending his skills in finance and energy risk management
Power companies to be hit by US financial reforms: expert
Senate financial reform bill could leave power companies facing major collateral problems
US financial overhaul, BP oil spill, augur huge changes for energy markets: Vincent Kaminski
The energy markets still face an unprecedented level of regulatory risk over the next year, as impending changes to the US financial system loom, while at the same time, BP’s Gulf of Mexico oil spill has presented major operational risk factors for the…
Energy Risk: What's coming next?
Energy Risk brings you a snapshot of what's moving and shaking the markets with a special look at energy credit.
Cutting Edge: Measuring the risk of Financial Transmission Rights
In this month’s article, Ning Zhang proposes a semi-parametric approach to calculate the risk of FTRs/TCCs portfolios whose risk is hard to capture by using standard VaR methods. The major specialties of FTRs/TCCs – such as non-normality and seasonality …
Pass the microphone: Nodal’s Cusenza to LCH.Clearnet’s Grensted
In this month’s Pass the Microphone, Paul Cusenza of Nodal Exchange puts his questions to Simon Grensted, Managing Director, Business Development, at LCH.Clearnet
Interview: Darrell Duffie on credit risk modelling
Stanford University’s credit risk expert, Darrell Duffie, talks with Katie Holliday about changes in the modelling of credit risk within energy markets since the financial crisis
Tackling the credit insurance challenge
Credit insurance was one of the main risks for energy buyers in 2009 and looks set to stick around in 2010. Wayne Mitchell, head of corporate sales at npower, discusses how using an energy-trading approach can help energy suppliers and customers manage…
FIA recommends DMA risk management controls
A Futures Industry Association (FIA) report published yesterday aims to establish best practices in managing the risk surrounding direct access to exchanges.
Turning points: Chris Schlegel, risk manager with Southern Company
Chris Schlegel, risk manager with Southern Company, speaks to Lianna Brinded about the changing landscape for energy risk management amid the new global energy mix
BP and CNPC push forward in Iraq despite oil law uncertainty
BP and China National Petroleum Corporation (CNPC) have awarded a raft of other energy and commodities companies deals to start drilling and production in the lucrative Iraqi Rumaila oilfield, which they operate, despite the current lack of a petroleum…
Special report: India's energy derivatives market
Our Special Report for April focuses on India's nascent energy derivatives markets.
Building the blocks for energy risk management in India
The concept of using derivatives for risk management is still relatively new to utilities in India and viewed with caution by market regulators. Katie Holliday talks to market experts about how they expect the discipline of risk management to develop
China secures big Angola oil deal
Chinese oil refining, producing and trading company China Petroleum and Chemical (Sinopec) has acquired deep-water oil assets in Angola by buying a 55% stake in Sonangol Sinopec, in a bid to further secure its diverse portfolio of oil import security.
IEA: Power prices 2010 will depend on government finance spend & carbon prices
The cost of electricity for 2010 onwards will depend heavily on how governments plan to raise financial capital for electricity generation as well as the price of carbon, say the International Energy Agency (IEA) and the OECD Nuclear Energy Agency (NEA)…
S&P to launch commodity sub-indexes amid US regulation fears
Ratings agency and financial research firm Standard & Poor’s (S&P) is to roll out two commodity-related sub-indexes that focus only on European and Asian contracts in response to fears the US Commodity Futures Trading Commission (CFTC) will make further…
Market cautious on Brazil’s 2010 oil bloc auction
News that Brazil is looking to auction more oil and gas blocs this year has met with a lukewarm reception from the oil markets as they await more clarity on the timing, production estimates and pending oil regulations, say analysts.
UK to focus on smart grids and nuclear power
Big investments into UK smart grids, offshore wind farms under the Renewable Obligation Certificates (ROC) scheme and nuclear power are on the agenda for both the Labour and Conservative parties in the run-up to the UK elections, as the country looks to…
Energy Risk: What's coming next?
Energy Risk brings you a snapshot of what's moving and shaking the markets with a special look at the continuing impact of the financial crisis on utilities.