The Solvency II Handbook: Practical Approaches to Implementation

The Solvency II Handbook: Practical Approaches to Implementation

HSBC Reserve Management Trends 2023

HSBC Reserve Management Trends 2023

Energy Risk Management

£35.00

A concise and focused report that explains the concept of energy price hedging in an accessible format ideally tailored for busy practitioners.

Specifically written to save time and aid decision-making among busy senior executives and managers - and indeed any reader - who does not wish to be hampered by unnecessary technical detail while gaining a clear understanding of energy risk management issues.

Illustrates the purpose of energy derivatives and evaluates their benefits and weaknesses.

Availability: Out of stock
ISBN
9781904339748

A concise and focused report that explains the concept of energy price hedging in an accessible format ideally tailored for busy practitioners.

Specifically written to save time and aid decision-making among busy senior executives and managers - and indeed any reader - who does not wish to be hampered by unnecessary technical detail while gaining a clear understanding of energy risk management issues.

Illustrates the purpose of energy derivatives and evaluates their benefits and weaknesses.

More complex, quantitative material is present, but as an optional extra to your understanding - appearing only in technical appendices should you wish to deepen your appreciation of the subject and apply it to your own business.

Succinctly explains how energy derivative instruments are constructed and priced, as well how their risk can be understood and managed.

 

The report equips you with:

The ability to identify risks and their interactions.

Techniques to express these risks clearly.

An appreciation of trading activity and its role in risk management.

A thorough understanding of energy risk management (derivative) instruments and their relationship with physical supply and off take agreements.

Insight into how risk management solutions can be constructed to offer protection against market price movements.

The ability to identify flexibilities in physical operations and recognise their value.

Key to Risk Books’ new series of executive reports - this title is concise, highly accessible and practical - offering easily digested chunks of information. And to further aid your understanding it makes extensive use of bullet lists, diagrams, chapter summaries, learning aids and many market relevant case studies that marry the concepts of energy derivatives with recognisable events.

More Information
ISBN 9781782729907
Navision code MERM
Publication date 2005
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Steve Leppard

Dr Steve Leppard is Head of bpriskmanager’s Global Structured Products Group, with global responsibility for the origination and structuring of cross-commodity and hybrid derivatives products for bpriskmanager’s clients.

Steve’s prior roles include working for Société Générale in Paris, where he was the Senior Strategist for the Gaselys JV with Gaz de France, and head of the quantitative analysis groups for Enron Europe and BP. Dr Leppard publishes and speaks regularly on the subjects of structuring, risk management and derivatives pricing in the energy industry. Steve has a PhD in mathematical physics from King’s College London and a first class honours degree in mathematics from Imperial College London.

1 Introduction

2 Risk in Energy Markets

3 Market Value of Physical and Financial Commitments

4 Physical Transactions and Basic Hedging Instruments

5 Fundamental Option Concepts

6 Derivatives Packages

7 Further Topics in Derivatives Structuring

8 Wider Risk Management Questions