Energy Convergence: The Beginning of the Multi-Commodity Market

Peter C. Fusaro

An energy investor of the 1970's
or 1980's would hardly recognize the energy market of today. Global changes
in regulatory structures, privatization efforts, and competitive market
forces are engineering a variety of trading innovations. Multinational
corporations are consolidating and and constructing new commodities and
new markets for trading that are changing the shape of the energy industry.
Veteran energy insider Peter Fusaro shows you how to negotiate this shifting
terrain and participate in Energy Convergence: The Beginning of the Multi-Commodity
Market. Assembing an all-star cast of contributors, Fusaro examines the
new developments and their ramifications from every conceivable angle,
providing the first comprehensive coverage of all the new markets. Topics
addressed include: Weather Derivitives and reinsurance; the developement
of bandwith market liquidity; new techniques in energy options; freight
trading as an emerging commodity market; market risk in electic generation
finance; energy risk management in the merger context; emerging financial
markets for protecting the environment.

Energy Convergence identifies and addresses the key elements in the ongoing
development and evolution of the energy trading markets. This book is
an important addition to the literature on contemporary energy trading
markets. It pulls together in one place thoughtful discussions about the
way energy markets are converging from different starting points."
...A. S. Kramer, partner, McDermott, Will & Emery, author of Financial
Products: Taxation, Regulation, and Design.