Feature
Coping with complexity
Technology: Technology rankings 2005
Basel Committee issues sound practice principles for credit risk assessment for loans
The Banking Committee on Banking Supervision has released a consultative document outlining principles for 'Sound Credit Assessment and Valuation for Loans'.
Coal turns a corner
Asian coal-trading is still proving a tough nut to crack. But the underlying market is developing, and a growing need for better risk management suggests it is only a matter of time before a paper market takes off
Prepay agreements - The ten-year pitch
Standard & Poor's recently passed the $1 billion mark in terms of natural gas prepayment deals it has rated since 2003. Joe Marsh looks at how these work and why municipal utilities might want to consider them
Europe - An uncertain future
European natural gas demand is expected to rise in the next three decades. But, as Anouk Honore finds, the overall picture is not easy to predict, and depends on what happens in individual countries - particularly Italy and Spain
Industrial users - Taming the flame
Industrial users of natural gas in North America are investing in physical hedges while gradually returning to the financial markets
To build or not to build
Europe needs more power. But a lack of clear pricing signals and the unknown impact of new environmental legislation is making risk forecasting difficult, and could hinder new plant construction
2005 in review
The energy markets were a dynamic place to be in 2005, with high volatility and an explosion of new players hitting the scene. Inevitably, though, it wasn't all smooth sailing. Energy Risk looks back over the highs and lows of 2005, from the launch of…
Pioneers
Today's vibrant and dynamic energy markets are a far cry from the illiquid, opaque trading that existed 25 years ago, yet they owe much to the visionary pioneers who started those early markets. Here, Energy Risk honours some of those early pioneers, as…
Any fool can do it
Some quant techniques are easier than you might think. In the second part of his set of ten tips and tricks for aspiring energy quants, Neil Palmer shows why..
A look in the rear view
Utilities and regulators often disagree over the purpose of energy price risk management. Manitoba Hydro's recent experience with backtesting its hedging strategy is a case in point