Weather
Quant shop preps NLP-powered index for physical climate risk
Sharp rise in extreme weather events prompts PGIM Quant to aim for better climate-risk pricing
Banks tout CCAR-style stress tests for emergent risks
Extreme-but-plausible scenario planning is being applied to geopolitical events such as Ukraine conflict
One-week-ahead electricity price forecasting using weather forecasts, and its application to arbitrage in the forward market: an empirical study of the Japan Electric Power Exchange
This paper constructs a model using weekly weather forecasts for forecasting week-ahead average electricity prices and applies it to an arbitrage strategy in the forward market.
‘It’s the economy’: forecasting an op risk climate change spike
The history of op risk suggests the economic impacts of climate change could exacerbate losses, writes op risk head
Energy Risk Commodity Rankings: firms provide a lifeline in choppy waters
Winners of the 2021 Energy Risk Commodity Rankings supported clients in unprecedented times to be voted counterparties of choice
Climate change spells death of certainty
Global warming threatens to upend everything risk models take for granted
ETF investing – Building better portfolios
At the Asia ETF Forum 2019, Hong Kong Exchanges and Clearing (HKEX) welcomed industry experts from around the region to six key Asian exchange-traded fund (ETF) cities, offering attendees an updated view on the growing ETF market in Asia. This article…
Energy Risk Awards 2019: The winners
BP and Engie pick up two awards each, while BNP Paribas takes the coveted derivatives house of the year
Making technology count in a C/ETRM world
As businesses grow, so does their need for modern, agile and cost-effective commodity/energy trading risk management (C/ETRM) solutions. Pioneer Solutions explores how its next-generation, highly configurable C/ETRM systems take advantage of the latest…
Dynamic gas models make for better hedges
Study highlights dwindling role of weather in market
Advancing on all fronts
Sompo Global Weather continues to expand its offering with timely, tailored weather risk solutions designed to service a growing global audience and diversification into new sectors supplying responsive solutions
Ensuring reliability in a rapidly changing energy landscape
Igor Koprivnikar, member of the management board at Gen-i, discusses what sets the organisation apart as the top power dealer in eastern Europe, the benefits that a global portfolio can bring for clients in regional European markets, and how strong…
Cutting Edge: Co-simulation of risk factors in power markets
In this article, Jialin Zhao and Sang Baum Kang propose a simple but realistic model to co-simulate the time series of three risk factors: temperature, electricity load and prices. In addition, the authors provide load-serving entities with a…
Intervention isn't needed to secure flexibility in power
Germany needs flexibility to cope with increasing volumes of intermittent renewable power. Contrary to some of the solutions that have been mooted in response, Steffen Köhler of EEX argues the best way to achieve flexibility is by working with market…
Innovation of the year: Thomson Reuters
Vendor's Brazilian electricity and agricultural weather data shine help shine a light on the commodities market
Data provider of the year: StatWeather
StatWeather has impressed energy trading firms with the accuracy of its long-range forecasts, including during the North American polar vortex in late 2013 and early 2014
Weather house of the year: Munich Re Trading
The weather derivatives specialist has won praise for its consistent, high-quality service