In association with OpenLink, Energy Risk convened a webinar designed for energy professionals at trading and supply organisations looking to understand the impact of portfolio flexibility and the available decision support solutions. Featuring insights from Wolfgang Ferse, Executive Vice President, Commodities & Energy Solutions, OpenLink, and Patrick Reames, Managing Director Americas, CommodityPoint, Integrated Energy Scenario Management for Optimal Decision Support explores opportunities to improve profitability with a similar risk profile through better decision-making.
One of the most important challenges in the energy business is the optimal management of complex energy portfolios – making decisions under uncertainty. Current challenges energy professionals face include:
In a complex portfolio with flexible cross-commodity positions, transmission capacities, storage and generation assets, and trading alternatives, the decision-maker must take into account all interrelations between the portfolio assets as well as the coherence of the supply-demand solution.
A lot of these decisions have to be made in a situation where many input factors are still uncertain. For an optimal decision-making process, it is important to have all related information available and to be able to analyse the necessary variety of scenarios and their business impacts on profit and risk.
Click here to register to view this event
More on Risk Management
ABSTRACT This paper discusses the importance of operational risk management for the efficiency of Taiwanese banks. We demonstrate that by applying risk managerial strategies banks can improve their performance,...
ABSTRACT In this paper, we propose a copula-free approach for modeling correlated frequency distributions using an Erlang-based multivariate mixed Poisson distribution.We investigate some of the properties...
This is a special issue for The Journal of Operational Risk as we celebrate our tenth anniversary. In this milestone event for our young journal I think that it would be appropriate at this time to provide...
Journal of Operational Risk, 10(1); 45-76
Sign up for Risk.net email alerts
Research chief is sceptical about end of oil indexation in European gas
Mexico's energy reform may lead to closer ties with adjacent US states
Swap dealers playing a guessing game while complying with CFTC rules
Bill Perkins believes rising demand and reduced risk warehousing will create opportunities for natural gas traders: video
There are no comments submitted yet. Do you have an interesting opinion? Then be the first to post a comment.