Foundations of Energy Risk Management: An Overview of the Energy Sector and Its Physical and Financial MarketsGARP's Fundamentals of Energy Risk Management introduces investors to the basic components and some of the basic terminology used in the energy industry. It covers the commodity cycle, energy use and sources, and various risk types, various energy products and the markets where energy is traded. It also introduces certain risk management fundamentals and real option thinking. The book is GARP's required text used by risk professionals looking to obtain their Certificate in Energy Risk Management. |
Contents
RISKS IN THE ENERGY CYCLE | 13 |
WORLD ENERGY USE | 27 |
THE MARKETS FOR ENERGY PRODUCTS | 69 |
REAL OPTIONS IN THE ENERGY MARKET | 91 |
ACKNOWLEDGMENTS | 119 |
Other editions - View all
Foundations of Energy Risk Management: An Overview of the Energy Sector and ... No preview available - 2009 |
Common terms and phrases
able allows America areas barrels buyer capacity changes chapter coal commodity complex considered consumer consumption contract cost countries crude oil delivered delivery demand developed distribution effects electricity emission ENERGY CHAIN energy companies energy cycle energy industry ENERGY PRODUCTS example exchange expected exploration extracted fields flow forward fuel futures futures contracts gallon geographical global heating oil hedging higher impact important increase integrated International investment largest Lignite Liquidity load located loss major MAJOR SOURCES measure meet million natural gas needs oil and natural operational option percent physical pipeline position pressure production profit purchase reduce refined refined products refinery regulations regulatory requirements reserves result risk management sell seller significant SOURCES OF ENERGY specialty specific storage supply throughout trading transaction transportation types understanding United various volatility