Energy Trading & Investing 2E (PB)

Volatile energy prices and a rapidly changing energy industry provide investment opportunities and dangers for savvy investors. Natural gas fracking, alternative energy technologies, and constant innovation are key trends. This book covers topics such as natural gas, electricity, petroleum, coal, weather, and emissions markets, financial products, deal structuring, specialty electricity markets, and market risk, credit risk, and model risk management. It is a comprehensive guide for professional traders, individual investors, MBA students, and energy market participants.

Format: Paperback / softback
Length: 512 pages
Publication date: 20 June 2023
Publisher: McGraw-Hill Education

Volatile energy prices and a rapidly changing energy industry present both investment opportunities and risks for savvy investors and uninformed individuals. The emergence of natural gas fracking has raised concerns about the potential oversupply of cheap oil and natural gas. A decade of record-high temperatures has shifted attention away from concerns about dwindling fossil fuel supplies. Alternative energy technologies such as batteries, solar, and wind are revolutionizing the utilities sector. Constant innovation and evolving markets remain the defining characteristics of the energy industry.

Written by a renowned expert in the energy sector, Energy Trading and Investing, Second Edition, delves into this dynamic market, covering a wide range of topics essential for energy investors. From traditional and emerging markets to need-to-know financial principles and proven investing strategies, this comprehensive guide provides detailed information on all aspects relevant to energy investors.

With a wealth of experience in Wall Street trading and the energy sector, Davis Edwards, the author, offers invaluable insights on every topic crucial for energy investors, including:

Natural gas, electricity, petroleum, coal, weather, and emissions markets: Gain a comprehensive understanding of these key energy markets, their dynamics, and the financial products used to trade them.

Financial products: Explore the world of financial instruments, such as futures, forwards, swaps, and options, and learn how they can be employed to mitigate risk and optimize investment strategies.

Deal structuring examples: Learn from real-world examples of deal structuring, including spread options, spatial load forecasting, and tolling agreements, to enhance your understanding of energy trading contracts.

Specialty electricity markets: Explore the world of capacity, financial transmission rights (FTRs), power purchase agreements (PPAs), and ancillary services, which are essential components of the energy sector.

Natural gas transportation, storage, and swing option contracts: Gain a practical understanding of the logistics and mechanisms involved in natural gas transportation, storage, and the use of swing option contracts to manage risk.

Market risk, credit risk, and model risk management: Learn about the key risks associated with energy trading and investing, and explore strategies for managing them effectively.

This hands-on guidebook is designed for professional traders, individual investors, MBA students, and energy market participants. It breaks down jargon from both the financial industry and the energy market, making the content accessible to a broad audience. The math is also explained in a clear and concise manner, ensuring that readers with varying mathematical backgrounds can grasp the concepts presented.

Whether you are a seasoned investor seeking to expand your knowledge in the energy sector or a newcomer looking to gain a foothold in this exciting market, Energy Trading and Investing, Second Edition, is an invaluable resource. With its comprehensive coverage, practical insights, and expert guidance, it equips you with the tools and knowledge necessary to navigate the complexities of energy trading and investing successfully.

Weight: 680g
ISBN-13: 9781265915872
Edition number: 2 ed