Managing Energy Price Risk: The New Challenges and Solutions, Third Edition

The third edition of the multi-author reference source on global energy and power markets. Fully revised, updated and extended to incorporate current market realities and theory enabling practitioners to effectively measure, structure, hedge and manage risk in today's energy related transactions. Kaminski provides a complete review of the current state of the energy markets, with insights into how leading practitioners, academics and regulators are now tackling the issues and developments. All the main energy areas including natural gas, oil, coal and electricity as well as related markets such as emissions are covered within five easily accessible sub sections, each introduced by Vincent Kaminski that help correlate the entire book. Tyhe book additionally relates quantitative issues to both the needs of today's corporations and to the reality of current market practice. Technical terms and concepts are explained using worked examples and real life market insights. Brings together contributions and insight from some of the world's most respected practitioners, academics and regulators to reflect the current state of price risk management in the energy industry.