Energy trading and investing : trading, risk management and structuring deals in the energy market, 1st ed.

Abstract

With diminishing fossil fuel supplies and the growing specter of environmental change, governments are using the free market to minimize the cost of adopting sustainable energy policies. This makes energy one of the few markets that is rapidly expanding, and it is now one of the hottest investment opportunities in the world. Energy Trading and Investing offers a comprehensive and practical introduction to energy trading―from the big picture of how different products are related to each other to in-depth explanations of the jargon and fi nancial mathematics that trip up new traders. Energy Trading and Investing features: A detailed introduction to each of the major energy markets: electricity, natural gas, petroleum, coal, and emissions Primers on advanced topics like storage, wheeling, load forecasting, and pipeline transportation Examples of ways to invest in wind power, carbon emissions, thermal solar power, and other new markets