Energy Risk marks 20 years of covering energy markets

Energy Risk was first published back in February 1994. Since then, its fortunes have risen and fallen with those of the wider energy risk management industry. Mark Pengelly reflects on the highs and lows of the first 20 years

The energy risk management industry has seen its share of ups and downs during the past 20 years. During those two decades, Energy Risk has been a witness to many of the sector's triumphs and disasters, and has also shared in them. From the runaway popularity of power markets in the late 1990s to abortive attempts to launch internet bandwidth trading – "the next big commodity market", according to