"Previous editions of Managing Energy Price Risk have deservedly come to
be regarded as key reference works in the field... This new edition confirms the book's
status as a key reference work in the area of energy risk." Satyajit Das,
The Finance and Treasury Professional, Jan '06
"I think this book reveals why we rely on Dr Kaminski. Clearly organised
and comprehensive... Managing Energy Price Risk belongs on every risk managers'
shelf."
Arthur Warga, Bauer College of Business, University of Houston
"A welcome addition to round out any risk management library"
Mark Williams, Finance and Economics Department, Boston University
The definitive third edition of the best-selling 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.
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 to help correlate the entire book:
Energy Instruments
Developments in Energy Markets
Risk Measurement and Reporting
Tools for Risk Analysis
Real Options
Relates quantitative issues to both the needs of today's corporations and to the
reality of current market practice
Explains technical terms and concepts using worked examples and real life market
insights
Largely re-written to incorporate developments over the last four years, this third
edition now includes additional new chapters that cover the management of retail energy
markets, gas storage, the emissions market, international coal markets and the issue of
financial style hedging and risk management of assets that are subject to physical risk
amongst others
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
A near complete compendium of knowledge designed to enable risk managers and senior
executives make more informed decisions as well as identifying some key unanswered
questions to help direct future research on the subject matter
Hardcover, 650 pages