Speculative Investment in Energy Markets
Author: United States. Congress. Senate. Committee on Energy and Natural Resources. Subcommittee on Energy
Publisher:
Published: 2008
Total Pages: 88
ISBN-13:
DOWNLOAD EBOOK →Lanterna Rally
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Valuation, Hedging and Speculation in Competitive Electricity Markets
Author: Petter L. Skantze
Publisher: Springer Science & Business Media
Published: 2012-12-06
Total Pages: 220
ISBN-13: 146151701X
DOWNLOAD EBOOK →The challenges currently facing particIpants m competitive electricity markets are unique and staggering: unprecedented price volatility, a crippling lack of historical market data on which to test new modeling approaches, and a continuously changing regulatory structure. Meeting these challenges will require the knowledge and experience of both the engineering and finance communities. Yet the two communities continue to largely ignore each other. The finance community believes that engineering models are too detailed and complex to be practically applicable in the fast changing market environment. Engineers counter that the finance models are merely statistical regressions, lacking the necessary structure to capture the true dynamic properties of complex power systems. While both views have merit, neither group has by themselves been able to produce effective tools for meeting industry challenges. The goal of this book is to convey the fundamental differences between electricity and other traded commodities, and the impact these differences have on valuation, hedging and operational decisions made by market participants. The optimization problems associated with these decisions are formulated in the context of the market realities of today's power industry, including a lack of liquidity on forward and options markets, limited availability of historical data, and constantly changing regulatory structures.
Energy Speculation
Author: United States. Congress. House. Committee on Energy and Commerce. Subcommittee on Oversight and Investigations
Publisher:
Published: 2008
Total Pages: 988
ISBN-13:
DOWNLOAD EBOOK →Energy Markets
Author: Tom James
Publisher: John Wiley & Sons
Published: 2008
Total Pages: 374
ISBN-13: 0470822252
DOWNLOAD EBOOK →The Energy Markets - is the practitioners' guide to trading the markets and optimizing company performance using the correct price risk strategies and tools. As a company exposed to the price increases/decreases and the high volatility in energy prices experienced since the turn of the new century, this book will help you put in place the management controls and reporting structures necessary to ensure that your hedging programme achieves its goals and does not add unexpected or unwanted risks to your firm. As a direct traderin these markets or as an investor in hedge funds in the energy sector it will give you an insight to the global energy markets and their operation. Inspired by the success of the courses Professor Tom James runs in global energy and commodities trading and price risk management, the book includes a wealth of practical knowledge applied to the market place.
Energy Trading and Risk Management
Author: Iris Marie Mack
Publisher: John Wiley & Sons
Published: 2014-04-07
Total Pages: 309
ISBN-13: 1118339347
DOWNLOAD EBOOK →A comprehensive overview of trading and risk management in the energy markets Energy Trading and Risk Management provides a comprehensive overview of global energy markets from one of the foremost authorities on energy derivatives and quantitative finance. With an approachable writing style, Iris Mack breaks down the three primary applications for energy derivatives markets – Risk Management, Speculation, and Investment Portfolio Diversification – in a way that hedge fund traders, consultants, and energy market participants can apply in their day to day trading activities. Moving from the fundamentals of energy markets through simple and complex derivatives trading, hedging strategies, and industry-specific case studies, Dr. Mack walks readers through energy trading and risk management concepts at an instructive pace, supporting her explanations with real-world examples, illustrations, charts, and precise definitions of important and often-misunderstood terms. From stochastic pricing models for exotic derivatives, to modern portfolio theory (MPT), energy portfolio management (EPM), to case studies dealing specifically with risk management challenges unique to wind and hydro-electric power, the bookguides readers through the complex world of energy trading and risk management to help investors, executives, and energy professionals ensure profitability and optimal risk mitigation in every market climate. Energy Trading and Risk Management is a great resource to help grapple with the very interesting but oftentimes complex issues that arise in energy trading and risk management.
Investment and Speculation
Author: Thomas Conway (Jr.)
Publisher: New York : Alexander Hamilton institute
Published: 1911
Total Pages: 484
ISBN-13:
DOWNLOAD EBOOK →Investing in Energy
Author: M. Thomsett
Publisher: Springer
Published: 2017-07-03
Total Pages: 319
ISBN-13: 1137358475
DOWNLOAD EBOOK →The energy sector has more trading volume than any other commodity. Broken into four sections, Investing in Energy is an essential primer on this lucrative market. It guides the reader through the basics of getting started in energy trading, before outlining specific trading and investing strategies.
Successful Speculative Investment
Energy Trading and Investing
Author: Davis W. Edwards
Publisher: McGraw Hill Professional
Published: 2009-11-01
Total Pages: 399
ISBN-13: 0071629076
DOWNLOAD EBOOK →“The essential training manual for anyone who expects to profi tably engage the energy market while avoiding the devils lurking in the details.” Kurt Yeager, former President and CEO of the Electric Power Research Institute and coauthor of Perfect Power Shrinking fossil fuel supplies, volatile prices, deregulation, and environmental conservation have transformed the energy market into a major arena for making money. In response, an unprecedented amount of capital and investment manpower has fl ooded into the energy market. Older utilities are finding that their quiet, safe business has changed dramatically in a short period of time. Now, Energy Trading and Investing provides a big-picture introduction to the industry along with the trading know-how and fi nancial details that every market participant needs for success. This hands-on guidebook covers all types of energy markets—from the big-three markets of electricity, natural gas, and oil to the growing markets for liquefied natural gas, emissions, and alternative energy. It provides useful information on the interdependence of the different energy markets, who the major players are, and how Wall Street trades energy products. Energy Trading and Investing features: An overview of the entire energy market In-depth descriptions of all of the major energy commodities Financially oriented discussions of how chemistry, physics, accounting, and option pricing affect trading Primers on load forecasting, tolling agreements, natural gas storage, and more A practical introduction to risk management Written by a pioneering quant in the energy market, Energy Trading and Investing provides a highly disciplined and organized approach to profi ting from energy investments. This potent combination of detailed, up-to-date information alongside expert know-how thoroughly prepares you to invest and trade with confi dence in the energy market. If you’re a serious trader, you need to understand the energy markets, and Energy Trading and Investing is the only book you need to trade successfully in this growing sector.
The Role of Market Speculation in Rising Oil and Gas Prices
