Getting physical
http://www.erasmusenergy.com/articles/74/1/Getting-physical/Page1.html
Steve Leppard
Steve Leppard is senior strategist at Gaselys
By Steve Leppard
Published on 10/11/2007
Keywords:
Published in: Energy Risk
Publication year: 2004
Asset-backed trading strategies usually employ a combination of physical positions, which are subject to physical risk; and financial hedging intruments, which are not. Here, Steve Leppard shows how value-at-risk, applied to this combined risk scenario, can go a long way towards the thorny issue of hedging physically risky power generation assets.
Published in: Energy Risk
Publication year: 2004
Asset-backed trading strategies usually employ a combination of physical positions, which are subject to physical risk; and financial hedging intruments, which are not. Here, Steve Leppard shows how value-at-risk, applied to this combined risk scenario, can go a long way towards the thorny issue of hedging physically risky power generation assets.
Getting physical
Asset-backed trading strategies usually employ a combination of physical positions, which are subject to physical risk; and financial hedging intruments, which are not. Here, Steve Leppard shows how value-at-risk, applied to this combined risk scenario, can go a long way towards the thorny issue of hedging physically risky power generation assets.