“The essential training manual for anyone who expects to profi tably engagethe energy market while avoiding the devils lurking in the details.” Kurt Yeager former President and CEO of the Electric Power Research Instituteand coauthor of Perfect Power Shrinking fossil fuel supplies volatileprices deregulation and environmentalconservation have transformed the energymarket into a major arena for makingmoney. In response an unprecedented amountof capital and investment manpower hasfl ooded into the energy market. Older utilitiesare finding that their quiet safe businesshas changed dramatically in a short periodof time. Now Energy Trading and Investing provides abig-picture introduction to the industry alongwith the trading know-how and fi nancialdetails that every market participant needsfor success. This hands-on guidebook covers all types ofenergy markets—from the big-three marketsof electricity natural gas and oil to thegrowing markets for liquefied natural gas emissions and alternative energy. It providesuseful information on the interdependenceof the different energy markets who themajor players are and how Wall Street tradesenergy products. Energy Trading and Investing features: An overview of the entire energy market In-depth descriptions of all of the majorenergy commodities Financially oriented discussions of howchemistry physics accounting andoption pricing affect trading Primers on load forecasting tolling agreements natural gas storage and more A practical introduction to risk management Written by a pioneering quant in the energymarket Energy Trading and Investing providesa highly disciplined and organized approachto profi ting from energy investments. Thispotent combination of detailed up-to-dateinformation alongside expert know-howthoroughly prepares you to invest and tradewith confi dence in the energy market. If you’re a serious trader you need to understandthe energy markets and Energy Tradingand Investing is the only book you need totrade successfully in this growing sector.
“The essential training manual for anyone who expects to profi tably engagethe energy market while avoiding the devils lurking in the details.” Kurt Yeager former President and CEO of the Electric Power Research Instituteand coauthor of Perfect Power Shrinking fossil fuel supplies volatileprices deregulation and environmentalconservation have transformed the energymarket into a major arena for makingmoney. In response an unprecedented amountof capital and investment manpower hasfl ooded into the energy market. Older utilitiesare finding that their quiet safe businesshas changed dramatically in a short periodof time. Now Energy Trading and Investing provides abig-picture introduction to the industry alongwith the trading know-how and fi nancialdetails that every market participant needsfor success. This hands-on guidebook covers all types ofenergy markets—from the big-three marketsof electricity natural gas and oil to thegrowing markets for liquefied natural gas emissions and alternative energy. It providesuseful information on the interdependenceof the different energy markets who themajor players are and how Wall Street tradesenergy products. Energy Trading and Investing features: An overview of the entire energy market In-depth descriptions of all of the majorenergy commodities Financially oriented discussions of howchemistry physics accounting andoption pricing affect trading Primers on load forecasting tolling agreements natural gas storage and more A practical introduction to risk management Written by a pioneering quant in the energymarket Energy Trading and Investing providesa highly disciplined and organized approachto profi ting from energy investments. Thispotent combination of detailed up-to-dateinformation alongside expert know-howthoroughly prepares you to invest and tradewith confi dence in the energy market. If you’re a serious trader you need to understandthe energy markets and Energy Tradingand Investing is the only book you need totrade successfully in this growing sector.