Energy Risk - Nov 2016
Articles in this issue
Embattled utilities increase focus on ERM
ERM remains just a compliance function at many utilities, say consultants
Hidden risks for corporates in renewable energy PPAs
Buyers face load, covariance and basis risks in typical agreements
Position vacant: unpicking energy’s hidden contract risks
Complex, long-term supply deals present job opportunity for risk managers
Enterprise risk management powers up at utilities
Revived focus on ERM, but expectations now more realistic on what it can achieve
Energy firms fear liquidity void if US capital proposals hit banks
Trades ‘wouldn’t be anywhere near making sense’ for banks
Energy risk teams explore use of KRI metrics
KRIs show particular promise for managing operational risk
Hedge fund Citadel hires nat gas chief from Hartree
Other people moves at Mercuria, CME, Danske, CBA, Freepoint, Uniper and Statkraft
Coal contracts boom is a sign of desperation
Producers' turn to derivatives may be a last throw of the dice
Commodity volatility, skew and inverse leverage effect
Krzysztof Wolyniec on leverage effects and volatility in commodity markets