Energy Trading and Investing

1st Edition
0071629076 · 9780071629072
“The essential training manual for anyone who expects to profi tably engage the energy market while avoiding the devils lurking in the details.”Kurt Yeager, former President and CEO of the Electric Power Research Institute and coauthor of Perfect… Read More
US$62.96
Request Review Copy
Download file to PC or Mac desktops or laptops

Step 1. Download Adobe Digital Editions Both PC and Mac users will need to download Adobe Digital Editions to access their eBook. You can download Adobe Digital Editions at Adobe's website here.


Step 2. Register an Adobe ID if you do not already have one. (This step is optional, but allows you to open the file on multiple devices) Visit account.Adobe.com to register your Adobe account.


Step 3: Authorize Adobe Digital Editions using your Adobe ID. In Adobe Digital Editions, go to the Help menu. Choose “Authorize Computer.”


Step 4: Open your file with Adobe Digital Editions. Once you’ve linked your Adobe Digital Editions with your Adobe ID, you should be able to access your eBook on any device which supports Adobe Digital Editions and is authorized with your ID. If your eBook does not open in Adobe Digital Editions upon download, please contact customer service

Part One: Instruments & Markets
1. Major Players
2. Natural Gas
3. Electricity
4. Oil

Part Two: Coal & Carbon Emissions
5. Technical Primer
6. Physics of Gas
7. Physics of Power
8. Financial Options
9. Math of Spread Options
10. Estimating Correlations
11. Monte-Carlo Simulations
12. Game Theory
13. Dynamic Programming

Part Three: Electricity Models
14. Forecasting Demand for Electricity
15. Generation Stack
16. Tolling Agreements
17. Wheeling Power
18. Congestion Models
19. Solar Power
20. Wind Power

Part Four: Natural Gas Models
21. Natural Gas Transportation
22. Natural Gas Storage
23. Liquefied Natural Gas
24. Weather Forecasting
25. Financial Instruments

“The essential training manual for anyone who expects to profi tably engage the energy market while avoiding the devils lurking in the details.”
Kurt Yeager, former President and CEO of the Electric Power Research Institute and coauthor of Perfect Power

Shrinking fossil fuel supplies, volatile prices, deregulation, and environmental conservation have transformed the energy market into a major arena for making money. In response, an unprecedented amount of capital and investment manpower has fl ooded into the energy market. Older utilities are finding that their quiet, safe business has changed dramatically in a short period of time.

Now, Energy Trading and Investing provides a big-picture introduction to the industry along with the trading know-how and fi nancial details that every market participant needs for success.

This hands-on guidebook covers all types of energy markets—from the big-three markets of electricity, natural gas, and oil to the growing markets for liquefied natural gas, emissions, and alternative energy. It provides useful information on the interdependence of the different energy markets, who the major players are, and how Wall Street trades energy products.

Energy Trading and Investing features:

  • An overview of the entire energy market
  • In-depth descriptions of all of the major energy commodities
  • Financially oriented discussions of how chemistry, physics, accounting, and option 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 energy market, Energy Trading and Investing provides a highly disciplined and organized approach to profi ting from energy investments. This potent combination of detailed, up-to-date information alongside expert know-how thoroughly prepares you to invest and trade with confi dence in the energy market.

If you’re a serious trader, you need to understand the energy markets, and Energy Trading and Investing is the only book you need to trade successfully in this growing sector.