Customer Reviews

Managing Energy Risk: A Nontechnical Guide to Markets and Trading

5 star:		(3)
4 star:		(0)
3 star:		(0)
2 star:		(0)
1 star:		(2)

 

 

This text offers absolutely nothing. It is either far too simplistic or misses chunks of valuable detail.

There are far better introductions to the energy markets (e.g. Stephen Errera's Trading Energy Futures & Options or Peter Fusaro's Energy Risk Management) - buy one of these instead!

Managing Energy Risk: A Nontechnical Guide to Markets and Trading serves as a wonderful overview of the critical issues surrounding risk management operations. Although it does not replace an in-depth discussion of financial instruments found in a traditional finance textbook, the author does not intend it to do so. Instead, the book provides an introduction to financial instruments but offers a much broader perspective of risk management. It covers topics such as the trend towards market pricing in the electric power markets, the importance of having clear risk management policies and procedures, and the overall deal process. It is an excellent read for anyone interested in having a "big picture" understanding of risk management operations.

Everything in the purchase turned out to be perfect.
Book perfectly preserved
Shipping in time

"Managing Energy Risk" gave me the information I needed to answer technical questions about energy risk in an actual job interview. My answers must have been good because I was offered and happily accepted an energy risk management position! This is a great introduction and summary of energy risk management, which I believe was intended for managers and others like myself who just want a thorough overview. Several technical concepts are discussed in this book, but the author leaves the gory details for other sources. Among other things this book covers: 1) the current status of the electric power industry and a brief historical perspective, 2) risk management policies and procedures, 3) the different players involved in energy risk management, and 4) the foundations, basics, and some of the peculiarities of energy risk management. I recommend this book to anyone looking for a solid foundation in energy risk management.

Patronizing style and too many mentions of his wife's book. Poor content - give it a miss.