By John Wengler
Deregulation has compelled a complete new international of buying and selling and threat administration jargon onto the power marketer. Wengler identifies the problems, discusses and analyzes them, and in list style prioritizes for managers what they need to do to be triumphant regardless of various hazards. Contents: The 'Top Ten list' of items to do The bull, the endure, and the spark unfold hazard administration regulations and tactics beginning together with your risk-return technique the danger roster: personalities and specialties power hazard boot camp: 'must comprehend' ideas for managers and administrators The deal procedure: from the table to supply The portfolio technique: beginning with what have we received? And what can we wish? Measuring threat: how could our portfolio swap? Hedging: navigating towards our portfolio pursuits serious course IT matters having a look ahead: the following ten administration concerns Appendix word list Index
Read Online or Download Managing energy risk : a nontechnical guide to markets and trading PDF
Best oil & energy books
While different countries are pressured to reconsider their agricultural and nutrition safety recommendations in mild of the post-peak oil debate, they just have one residing instance to attract from: that of Cuba within the Nineties. in accordance with the 1st and, up until now, purely systematic and empirical examine to come back out of Cuba in this subject, this publication examines how the state effectively headed off its personal nutrition predicament after the dissolution of the Soviet Bloc within the early Nineteen Nineties.
This cutting-edge file from a global activity workforce (TG44) of CIB, the overseas Council of establishing examine enterprises, offers a hugely authoritative consultant to the applying of leading edge applied sciences on reaction keep an eye on and seismic isolation of constructions to perform all over the world. many nations and towns can be found in earthquake-prone parts making powerful seismic layout a tremendous factor in structural engineering.
Presents the interior tale of the increase and fall of IBM, providing a devastating examine of company paperwork, loss of foresight, and decline. Reprint. 75,000 first printing. journey. LJ. NYT. ok.
A brand new examine the several views on power safeguard regulations of eu and Asian international locations. The e-book explains the explanations for the failure of ecu universal power regulations and the deficiencies within the rules in the direction of crucial Asia. It examines chinese language power international relations, and the potential for power festival and cooperation in Northeast Asia.
- Night Fire: Big Oil, Poison Air, and Margie Richard's Fight to Save Her Town
- Securing Electricity Supply in the Cyber Age: Exploring the Risks of Information and Communication Technology in Tomorrow's Electricity Infrastructure
- Computational methods for large sparse power systems analysis : an object oriented approach
- The Challenges of China's Growth
- Materials in Energy Conversion, Harvesting, and Storage
- Dynamic Optimization in Environmental Economics
Additional info for Managing energy risk : a nontechnical guide to markets and trading
Forward Strips A forward strip is a series of equivalent standardized contracts that differ only in terms of the period of forward delivery that they cover. While not all markets require tradable forward markets, forward markets (including options) are essential to commodities that are not easily storable and for players who want to hedge their future profit-loss scenarios. 25 wengler 02 pp019-046 10/16/02 1:19 PM Page 26 Managing Energy Risk: A Nontechnical Guide to Markets and Trading Liquidity As measured by quantity, liquidity is the relative number of units being traded of an asset in a particular market.
9 wengler 01 pp001-018 10/16/02 1:17 PM Page 10 Managing Energy Risk: A Nontechnical Guide to Markets and Trading Express Your “Risk-Return Strategy” Risk and return. Unless you’ve found the perfect arbitrage, you can’t have one without the other. -return from the board—or recommend it to them. Without a riskreturn strategy, the manager would be like the airline executive allowing the flight crew to fly wherever (or whatever) they want. ) Line Up Your Political Sponsor The words “risk management” or “derivatives” can suggest hocus pocus with images of rogue traders in the mist.
Endnotes 1 I first presented a version of this checklist at the PowerMart tradeshow in October 1999. 17 wengler 01 pp001-018 10/16/02 1:17 PM Page 18 wengler 02 pp019-046 10/16/02 1:18 PM Page 19 chapter 2 The Bull, the Bear, and the Spark Spread Tale of Three Statues A statue of a large bull stands in New York’s Wall Street neighborhood. 1 As a corporation, Enron fits somewhere between these extremes of money and megawatts, two types of assets kept apart by regulation since the days of Thomas Edison.