Energy and Power Risk Management: New Developments in Modeling, Pricing, and Hedging

Praise for Energy and Power Risk Management''Energy and Power Risk Management identifies and addresses the key issues in the development of the turbulent energy industry and the challenges it poses to market players. An insightful and far-reaching book written by two renowned professionals.''-Helyette Geman, Professor of FinanceUniversity Paris Dauphine and ESSEC''The most up-to-date and comprehensive book on managing energy price risk in the natural gas and power markets. An absolute imperative for energy traders and energy risk management professionals.''-Vincent Kaminski, Managing DirectorCitadel Investment Group LLC''Eydeland and Wolyniec's work does an excellent job of outlining the methods needed to measure and manage risk in the volatile energy market.''-Gerald G. Fleming, Vice President, Head of East Power Trading, TXU Energy Trading''This book combines academic rigor with real-world practicality. It is a must-read for anyone in energy risk management or asset valuation.''-Ron Erd, Senior Vice PresidentAmerican Electric Power