Energy Risk - July 2015

Articles in this issue
Ferc manipulation cases put limits on US power traders
Costly fines deter firms from employing cross-market strategies
Economists, like hedge fund traders, need open minds
Economists, risk managers and traders must learn the lessons of crisis, says Kaminski
Intervention isn't needed to secure flexibility in power
Capacity mechanisms are not the right answer to renewables, says EEX’s Köhler
OTCGH’s Loya sees value in unorthodox business model
Broker chief praises “entrepreneurial independence” of small boutiques
Noble Group challenged over mark-to-market accounting
Mysterious critic calls trader's long-dated contract valuations into question
Energy trading technology moves gradually into the cloud
Energy firms and software vendors making greater use of cloud computing
Italian refiner seeks boost from supply and trading unit
Saras gains from rebound in refining margins and flexible Sardinia refinery
Goldman Sachs names global commodity sales head
Other commodities moves at Castleton, Natixis, TrailStone and VTB Capital
Trading calendar spread options on energy futures
Sponsored feature: CME Group
Energy market liquidity faces threat from regulation
Financial rules putting progress towards liquid and transparent markets at risk
Mifid II adjustments fail to ease energy firms' worries
Revised ancillary business exemption would still catch large and mid-sized utilities
Cutting Edge: Co-simulation of risk factors in power markets
A simple but realistic model to co-simulate the time series of temperature, electricity load and prices is proposed