Multi-factor forward curve models for energy risk management

Applied risk management series – article two

crossing arrows - moving upwards

In energy markets, forward price changes over time are largely determined by new information regarding the expected average spot price during a future delivery window, and therefore their behaviour is substantially different from that exhibited by spot prices, which immediately react to short-term changes in the physical market.

Click here for a full version of this article in PDF format, which includes all of the figures and tables within the feature

Forward curve behaviour

Some of the key

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: