Rating: 
Summary: A Comprehensive Primer
Review: Energy Risk Management by Peter Fusaro offers the necessary primer for a basic understanding of a complex topic. The author and his contributors explore oil, gas and power markets as well as options theory for energy, value-at-risk for electric power, and credit risk for energy companies. It is written in an easy to understand style for the reader. I highly recommend this book as well as Fusaro's new book, Energy Derivatives: Trading Emerging Markets (2000). I give the book five stars.
Rating:
Summary: Energy Risk Management is Risk Free
Review: Energy Risk Management is great primer for those interested in limiting their risk exposure to volatile International energy markets which are in the process of deregulating. Fusaro and his cast of contributing authors examine a wide variety of energy sectors and give practical examples of risk management techniques in easy to understand terminology. I was so pleased with the content of this book I even recommended it to a friend who has been trading International financial instruments for the past 12 years and is looking to get into the energy risk management field. When I asked him for his reaction to the book, he said it was "excellent". For greater detail, I also plan to read the author's follow-up work, "Energy Derivatives: Trading Emerging Markets" which looks at new energy related markets such as weather, emissions and bandwidth trading.
Rating: 
Summary: Price Protection Strategies for Today's Energy Markets
Review: In today's volatile financial and political climate, oil, gas, and electricity must be treated as money--complete with the same risks and opportunities. Financial derivatives have become a fact of life for both suppliers and users, as a tool for hedging against sudden and sharp price fluctuations. As competition drives the need to utilize every financial tool available, "Energy Risk Managment" is the first comprehensive introduction and overview to the complex field of energy derivatives. Respected and influential experts from NYMEX, IPE, FIMAT Futures, and more join with Fusaro to provide detailed explanation and instructions on: - Trading differences between the U.S., European, and Asian markets - How value-at-risk can be invaluable for energy decision makers - The effect of speculators on the viability of the risk management arena Risk management knowledge has become a necessary competency for today's energy industry executives. "Energy Risk Management" delivers in-depth analysis of worldwide energy commoditization trends and, just as importnat, details classic hedging strategies for this burgeoning market.
Rating: 
Summary: Disappointing, don't waste money on it!
Review: Rather disappointing experience; very superficial and of little help for practicioners in the energy market. Much better: "Energy Risk" (by: Pilipovic) or "Managing Energy Price Risk"; 2nd Edition (by: Financial Engineering Ltd.)
Rating:
Summary: A Comprehensive Primer
Review: This book explains a very complex subject and makes it understandable for readers for oil, gas and power. It simplifies complexity. I found the chapter on European Electricity Trading Markets extremely helpful. The chapter on the deregulated U.S. gas market has some good insite especially as it applies to the deregulating U.S. power industry. I would think anyone in the Utility industry would find this book useful as they try and compete in this business.
Rating:
Summary: Energy Risk Management
Review: This book explains a very complex subject and makes it understandable for readers for oil, gas and power. It simplifies complexity. I found the chapter on European Electricity Trading Markets extremely helpful. The chapter on the deregulated U.S. gas market has some good insite especially as it applies to the deregulating U.S. power industry. I would think anyone in the Utility industry would find this book useful as they try and compete in this business.
Rating:
Summary: Disappointing
Review: This book is definitely not worth its price. Basic option theory and knowledge on VAR is wrongly interpreted. The book gives no insight on what energy risk management realy stands for. Utterly disappointed !
Rating:
Summary: Ringer reviews
Review: This book provides an excellent background and review in easy to understand language about energy trading and energy risk management. I highly recommend it for understanding the basics of this complex subject. It also provides a global overview of market developments. It is not, however, a quantative treatise on energy and financial derivatives. This is a primer that should be viewed as such.Fusaro's second, Energy Derivatives: Trading Emerging Markets, is the companion piece to this book and adds the newer commodities of weather, emissions, bandwidth and coal derivatives. I recommend it as well.
Rating:
Summary: Energy Risk Simplied
Review: This book provides an excellent background and review in easy to understand language about energy trading and energy risk management. I highly recommend it for understanding the basics of this complex subject. It also provides a global overview of market developments. It is not, however, a quantative treatise on energy and financial derivatives. This is a primer that should be viewed as such.Fusaro's second, Energy Derivatives: Trading Emerging Markets, is the companion piece to this book and adds the newer commodities of weather, emissions, bandwidth and coal derivatives. I recommend it as well.
Rating:
Summary: Disappointing, don't waste money on it!
Review: This timely and useful book introduces the many new markets for energy futures and derivatives to readers who are conversant with the basics of risk and finance. In the U.S. these markets have grown with the deregulation of gas and electricity, and they will grow further as states begin allowing consumers of all sizes to bypass local utilities and trade with suppliers of their choice. Because the underlying volatility of gas and electricity prices exceeds that of any other major commodities, consumers and marketers must become familiar with a new range of financial instruments that will help them to cope with new risks. Most readers will have little difficulty navigating chapters that introduce the basic instruments and the history and institutions of the markets in which they are traded. (Even for those who don't know much, there is as good an introduction as I have ever seen to the basics of the Black-Scholes option pricing model and the analysis of Value-at-Risk.) Fusaro and other authors then proceed to lead the reader on chapter-long tours of markets that range across the world, from Asian oil to European Electricity, and extend in time to markets still in formation such as U.S. coal futures. For all the book's virtues, Fusaro did choose to include a chapter on "technical analysis" of price charts that is straight out of the "How I Made a Million..." genre. This book isn't for that type of reader. It is for people who will have to live with market reality in the future and want a head start in understanding it today.
| 
