Energy ERM: Price Volatility, VaR Tweaks, and Lessons From Enron and BP
Book: Enterprise Risk Management: From Incentives to Controls
Author: James Lam
ISBN: 978-1-118-41361-6
Energy Is Big, Volatile, and Getting More Complex
Global energy demand keeps climbing. The U.S. is moving toward greater self-sufficiency with shale oil and gas while renewables gain share. Growth is good news. It also means bigger bets and bigger mistakes if risk management lags.