Energy Risk Management: Hedging Strategies and Instruments for the InternationalEnergy Markets

Energy deregulation, privatization and competition are a hot internationaltopic. Professionals in this field understand the importance of hedgingtheir financial risk, but are often unclear how to do so. The result isthat either they take undue and unwarranted risk or they shy away fromfutures and derivatives investments that could improve their financialposition while preventing substantial losses. Energy Risk Management isthe first book to address the important issues of worldwide energy pricerisk management. Peter C. Fusaro has assembled the leading industry figuresto explain general theories and practices for hedging risk, and specificmethods to effectively manage risk in markets such as coal, natural gas,electricity, hydropower and others.