The Professional Risk Managers' Guide to the Energy Market (PRMIA Professional Risk Management)

Expert analysis on the energy market from veteran analysts and global professionals The Professional Risk Managers’ Guide to the Energy Market is a comprehensive reference for financial professionals affected by energy prices. Twenty experts from around the world discuss every aspect of energy trading and the risks associated with specific investment vehicles and energy sectors. Beginning with a comprehensive overview of energy futures, energy derivatives, and power markets around the world and their price drivers, the book goes on to explore specific energy risk management tools including coverage of the use of technical analysis in energy markets, creation and transfer of price risk in European energy markets, and the use of energy options to hedge risk. The reference closes with chapters on the importance of risk management software, deal capture, stress testing, and mark to market; energy hedging in Asian markets; trading electricity options; and weather risk management strategies.