Global energy markets are undergoing profound and fundamental structural changes driven by deregulation, privatization, and consolidation. The key factor in all markets is that the level of risk is increasing. To meet the challenges of energy companies, financial engineering is growing exponentially to develop the new financial products for these emerging energy markets. This book captures the new financial products and examines and explains them for the layman.
Topics covered include: Telecommunications bandwidth trading; Emissions trading, Weather derivatives; Electronic energy trading and Electricity and natural gas trading in Europe.
