Energy and Power Risk Management: New Developments in Modeling, Pricing, and Hedging
| Author | : | |
| Rating | : | 4.13 (729 Votes) |
| Asin | : | 0471104000 |
| Format Type | : | paperback |
| Number of Pages | : | 504 Pages |
| Publish Date | : | 2015-02-27 |
| Language | : | English |
DESCRIPTION:
An insightful and far-reaching book written by two renowned professionals." -Helyette Geman, Professor of Finance University Paris Dauphine and ESSEC "The most up-to-date and comprehensive book on managing energy price risk in the natural gas and power markets. Fleming, Vice President, Head of East Power Trading, TXU Energy Trading "This book combines academic rigor with real-world practicality. It is a must-read for anyone in energy risk management or asset valuation." -Ron Erd, Senior Vice President American Electric Power
Good overview Dr. Lee D. Carlson The management of risk in the context of energy or weather is quite different than in other contexts, due to the peculiarities of the data that occurs in energy prices. The high volatility of energy prices can range, as the authors of this book point out, between 50-100% for gas, to 100-500% for electricity. No doubt this kind of volatility, and other properties such as correlations and mean reversion, entails that some differen. Good reference for Energy Commodities Very good reference for an overall overview of Energy and Power Commodities. May be lacking concrete examples of contracts (specs).. excellent book Victor D. Extremely well written and right to the point, with the appropriate level of technical detail, Eydeland and Wolyniec's Energy and Power Risk Management is arguably the best book on the subject. A must have for every professional in the industry.
"If you were considering buying one book on this topic this would be a strong candidate." (The Journal of Energy Literature, June 2003)