Best Practices in Credit Risk Management for Energy and Commodity Derivatives

Here is a chapter from The Professional Risk Managers' Guide to the Energy Market, a comprehensive reference for financial professionals affected by energy prices. Twenty experts from around the world discuss every aspect of energy trading and the risks associated with specific investment vehicles and energy sectors. It explores specific energy risk management tools including coverage of the use of technical analysis in energy markets, creation and transfer of price risk in European energy markets, and the use of energy options to hedge risk.