Managing Energy Risk: Comprehensive Guide to Power & Energy Markets | Strategies for Investors & Traders | Risk Management Solutions for Utilities & Businesses

Mathematical techniques for trading and risk management.Managing Energy Risk closes the gap between modern techniques from financial mathematics and the practical implementation for trading and risk management. It takes a multi-commodity approach that covers the mutual influences of the markets for fuels, emission certificates, and power. It includes many practical examples and covers methods from financial mathematics as well as economics and energy-related models.