Kyos energy consulting
Experts in energy modeling, consulting and training!
KYOS offers specialized advise on trading and risk management in energy markets. Our expert team has years of experience in quantitative modelling and advisory services in commodity markets. Our sophisticated solutions are developed to support decision making, investment proposals and risk calculations. KYOS has a clear focus on the following areas: Products, Consulting and Training.
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Highlights
- Kyos Consulting - News & Highlights
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Article: Gas Storage Trading
A decade of 'Rough' storage trading results
KYOS benchmarked various trading strategies in the UK NBP gas market More...
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Barcelona, 5-6 October 2010
NEW: KYOS Course on power generation assets
KYOS will lead a 2 day training on valuation and hedging techniques for power generation assets More...
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New York, 1-2 December 2010
NEW: KYOS Course on gas flexibility instruments
KYOS will lead a 2 day training on valuation of gas storages and swing contracts More...
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Article: Gas Storage Trading
Highlights
Article: Gas Storage Trading
A decade of 'Rough' storage trading results
Backtest of Trading Strategies
KYOS performed a backtest to evaluate the performance of different trading strateges in the UK NBP gas market. Our results indicate that the profitability of storage trading has varied largely over time, mainly due to variations in winter-summer spreads and price volatilities. When a trader would have relied on a pure spot trading strategy only, he would have done very well in some years, but in fact, often performed below expectation. This research discusses various explanations. However, a combination of a spot trading and a forward market hedging strategy completely changes the picture. The trader performance then matches closely with the expectation and he can be quite sure to realize both the intrinsic and the extrinsic value.
To read the complete article, click here