Energy Risk - 2008-05-06
Articles in this issue
Risk management
British Energy supplies around one-sixth of the UK’s power through its eight nuclear power stations and one coal plant.Prudent trading risk management has evolved in British Energy to optimisefinancial returns on the power generated by its nuclear fleet,…
Application of MFMC model to cargo dispatch
This month’s Masterclass looks at the use of a multi-factor, multi-commoditymodel to determine the optimal location for shipping a cargo,specifically the delivery of LNG. By John Breslin, Les Clewlow, Calvin Kwokand Chris Strickland
Valid Assumptions Required: delta-normal VaR
A delta-normal value-at-risk is one of the basic tools of risk management. Brett Humphreys discusses the assumptions associated with this calculation.
