Managing Energy Risk: An Integrated View on Power and Other Energy Markets
| Author | : | |
| Rating | : | 4.46 (848 Votes) |
| Asin | : | 0470029625 |
| Format Type | : | paperback |
| Number of Pages | : | 316 Pages |
| Publish Date | : | 2013-10-02 |
| Language | : | English |
DESCRIPTION:
Great book!! Gabriel Luna Sandoval Information inside the book it is very interesting, it is clearly explanation of all the themes, I really suggest it to read
From the Back CoverManaging energy risk is a practical guide to using modern techniques in financial mathematics for trading energy.Taking a multi-commodity view on the energy markets, addressing electricity, oil, gas, coal and CO2 emissions and explaining their fundamental relations, this book is a comprehensive overview of the energy markets and their products explaining models for pricing, portfolio optimization, risk measurement and market analysis.By integrating energy economics approaches, including fundamental market models, with financial engineering approaches commonly used in banks and other trading companies, Managing Energy Risk is valuable resource, relevant for risk management, structuring, pricing, market analysis, and model development.
Mathematical techniques for trading and risk management.Managing Energy Risk closes the gap between modern techniques from financial mathematics and the practical implementation for trading and risk management. It takes a multi-commodity approach that covers the mutual influences of the markets for fuels, emission certificates, and power. It includes many practical examples and covers methods from financial mathematics as well as economics and energy-related models.
Bernhard Graeber is Head of Methodology and Models at EnBW Trading GmbH. His main field of work includes stochastic pricing models for electricity and gas, commodity forward curve modeling, value-at-risk models and multi-commodity risk.. Previously, he was a analyst for interest rate derivatives at Landesbank Baden-Wurttemberg (LBBW). He is co-author of a book titled Equity Derivatives: Theory and Applications and of several papers in the area of en