Energy Risk: Valuing and Managing Energy Derivatives

By Dragana Pilipovic

Book Overview

The Latest Methods and Strategies for Successfully Trading and Managing Risk in Today's Volatile Energy Markets The updated Second Edition of Energy Risk presents an authoritative overview of the... This description may be from another edition of this product.

• Format: Hardcover
• Language: English
• ISBN: 0786312319
• ISBN13: 9780786312313
• Release Date: November 1997
• Publisher: McGraw-Hill
• Length: 248 Pages
• Weight: 1.55 lbs.
• Dimensions: 9.3" x 0.8" x 7.5"

Customer Reviews

Must be great if I can find time to read

I am sure the book must be great provided I find time to read it. As you know, these days there are just so many books and material to read that you cant cope up with it. I have gone through first chapter by now, which was indeed interesting, but not technical (which later chapters are). So I will keep you guys posted chapter by chapter, over next 2 years, as I try to complete this book. Please stay tuned.

Good book on energy, but read with other books

Overall a very good book on energy derivatives. The author's pratical experience is very valuable.But there are quite a few things to improve:1. The graphs are not good, particularly date axis.2. Formulae are not typed well, there are some typos. The publisher can certainly uses some improvement. So if possible, derive the formulae by yourself before using them. This may cost you some money !3. The models described in the books are good, but do not use them blindly. It is better to have have solid derivatives background before using these models. J. Hull's book is a good source.Again, this is a good book for people with derivatives background. I'd like to see more examples, rigorious treatment of the formulae and expanded modeling techniques.A must-have for the energy folks...

Book Enters Fourth Printing in 2000

I served as the editor for the book "Energy Risk". I am pleased to report that Ms. Pilipovic's book has entered its fourth printing. McGraw-Hill first published the book in 1997 and it sold out within the first six months. In addition to being used by several universities, "Energy Risk" has become required reading for new hires at several U.S. power companies.

It gives me what I need to do my job.

Pilipovic's book provides a great model for trading energy derivatives. I used it as a starting point to come up with my own models that I have started to use in hedging my risk. I recommend it for both speculators and hedgers.

An accurate analytical framework of energy risk management!

When I asked energy risk managers all over the U.S who are considered the major experts in energy risk management, they all mentioned Dragana Pilipovic! I read her book and have already designed various systems based on the Pilipovic Model and found that her theories are highly accurate!