Energy price cap may supercharge flight from ETDs and affect CCPs’ ability to manage risks, Esma warns
A futures price’s term structure is built to account for trends and seasonality effects
Proposal from energy ministers to ease collateral burdens blasted as “silly” and “terrible idea”
Widening eligible collateral on table; ECB intervention would need government indemnities
Energy price spikes force clearing firms to consider extreme or even ‘implausible’ scenarios
Cost of limiting global warming to 1.5°C will become too great for economy within 36 months
Rising geopolitical risk in Europe is changing the energy landscape, adding new constraints and additional risks to gas and power portfolios. While Russia’s invasion of Ukraine is shifting supply-and-demand dynamics across Europe, regulatory shifts are…
Insolvent energy supplier is barred from holding long-dated forwards – which could deter potential buyers
Winners of the 2022 Commodity Rankings needed new approaches to manage extreme price swings
German move to backstop margins with liquidity facility welcomed by energy producers – but others say it’s unnecessary
Sarah Friar, chief executive at Nextdoor, says enterprise risk assessments are vital because, when done well, they are great mental models and helpful for playing out scenarios
Bulb can’t buy wholesale electricity and gas more than two weeks in advance, leaving it exposed to price hikes
Across all systemic banks, only eight dealers disclose their GHG emissions for this field
Hedging strategies were powerless to protect firms from runaway energy price rises
Winners of the 2021 Energy Risk Commodity Rankings supported clients in unprecedented times to be voted counterparties of choice
Swedish regulator’s fine poses serious questions over default management and margining, while providing few answers
The authors investigate the performance of various value-at-risk (VaR) models in the context of the highly volatile Nordic power futures market, examining whether simple averages of models provide better results than the individual models themselves.
What are energy firms doing to measure and mitigate transition risk?
Energy Risk Awards 2020: Firm’s wide commodities presence, physical and financial risk expertise and financing capabilities result in standout deals
This webinar explores how to meet AML and fraud management obligations while empowering core businesses to remain competitive and innovative
Key wins for BP, Engie and Uniper while Macquarie takes the derivatives house of the year award
Higher carbon prices would trigger widespread industry defaults, says agency research unit
This paper provides an alternative way to introduce the stylized facts on electricity futures.