Energy Risk: Valuing and Managing Energy Derivatives - Hardcover

Pilipovic, Dragana

Hardcover

ISBN 10: 0071485945 ISBN 13: 9780071485944

Publisher: McGraw Hill, 2007

Synopsis

The Latest Methods and Strategies for Successfully Trading and Managing Risk in Today's Volatile Energy Markets

The updated Second Edition of Energy Risk presents an authoritative overview of the contemporary energy trading arena, combining the lesson's from the last decade with proven methods and strategies required for valuing energy derivatives and managing risk in these ever volatile markets.

Written by renowned energy risk expert Dragana Pilipovic this revised classic examines market behavior, covering both quantitative analysis and trader-oriented insights. The book shows how to establish a modeling process that involves the key players_managers, traders, quantitative analysts, and engineers_and provides practical answers to energy trading and risk management questions.

The Second Edition of Energy Risk features:

• Detailed coverage of the primary factors that influence energy risk
• Techniques for building marked-to-market forward price curves, creating volatility matrices, and valuing complex options
• Specific guidelines and tools for achieving risk goals
• New to this edition: three new chapters on the emerging energy market and marked-to-market issues; new material on energy-specific models, seasonal effects, and the derivation of the mean-reverting price model; and more

About this title

Product Description:

Energy Risk Presents an overview of energy trading along with the philosophies and strategies necessary for trading and managing risk. This book shows how to establish a modeling process that involves the key players - managers, traders, quantitative analysts, and engineers and provides answers to energy trading and risk management issues.

Book Description:

Gain the benefit of Dragana Pilipovic's complete energy risk management system, from devising hedging and trading strategies to the implementation on the trading desk. Pilipovic covers valuation and portfolio analysis, along with tips for managers who must deal with energy risk. Designed for institutions that trade and hedge energy, as well as end-users, Energy Risk will be especially useful for key markets such as electricity or natural gas.

About this edition

• Publisher: McGraw Hill
• Publication date: 2007
• ISBN 10: 0071485945
• ISBN 13: 9780071485944
• Binding: Hardcover
• Edition number: 2
• Number of pages: 400