Risk Books The New Power Markets: Corporate Strategies for Risk and Reward

This work illustrates how energy corporations can implement new methodologies in the world's liberalising power markets. It presents details on how to build a coherent strategy for different kinds of power business: from physical asset management to trading desks and whole-company risk management. It analyses key strategic issues such as European transmission development, relationships between power feedstock markets, and optimization of plant despatch. Synopsis This work illustrates how energy corporations can implement new methodologies in the world's liberalising power markets. It presents details on how to build a coherent strategy for different kinds of power business: from physical asset management to trading desks and whole-company risk management. It analyses key strategic issues such as European transmission development, relationships between power feedstock markets, and optimization of plant despatch. From the Publisher A core reference utilising latest insights and analytical tools on the new approaches to managing risk and reward created by the liberalising global power markets. * Expert practitioners and academics show how to build a coherent strategy for different power businesses: from physical asset management to trading desks and whole-company risk management * Analysis of key strategic issues such as European transmission development, relationships between power feedstock markets and optimisation of plant despatch