Energy Trading and Hedging Handbook

von Mack Drew

286 Seiten, Taschenbuch

Kurzbeschreibung des Verlags

Energy markets are among the most volatile and complex markets in the world. Understanding them requires more than knowing how prices move-you need to understand the physical commodities, the derivatives built around them, and the risk-management decisions that connect the two.Energy Trading and Hedging Handbook gives traders, analysts, risk managers, treasury professionals, producers, utilities, industrial consumers, and students a practical foundation in how energy markets actually work.Inside, you'll learn how to: - Understand crude oil, natural gas, electricity, LNG, biofuels, coal, and carbon markets- Read spot prices, forward curves, contango, backwardation, basis, and seasonal structure- Use futures, forwards, swaps, options, collars, spread products, and structured hedges- Hedge producer revenue, consumer costs, refining margins, spark spreads, and locational basis- Apply Black-76, volatility, Greeks, forward pricing, and term-structure concepts- Measure market risk using VaR, expected shortfall, stress testing, and scenario analysis- Manage counterparty credit, collateral, liquidity, and operational risk- Understand PPAs, renewable-energy hedging, carbon markets, and volumetric risk- Build a practical hedging policy, governance framework, and portfolio-risk process- Understand the role of exchanges, clearinghouses, CFTC, FERC, Dodd-Frank, EMIR, and modern trading systemsOrganized into 30 chapters across seven parts, this handbook connects physical energy markets with derivatives and professional risk management in one practical reference.Build a stronger working knowledge of energy trading, derivatives, and hedging-and make better-informed risk decisions across the energy value chain.

• Reihe: Independently published
• ISBN: 9798174498488
• Sprache: Englisch
• Erscheinungsdatum: 15.09.2026
• Größe: 279 x 216 mm
• Verlag: Independently published