In the years 2000 energy companies built up large trading teams, with even larger teams for back office, middle office, portfolio management and risk management. Now that the times have changed, energy companies are forced to scale down rapidly. In this white paper publication, we describe how energy companies can reduce costs while improving their analytic capabilities and take better decisions.
The Brexit may lead to 10% higher GB power prices
Now that the British population has voted for a Brexit, the consequences for the British electricity sector are misty. Using its fundamental analysis model, a KYOS market study indicates a rise of 9.5% in wholesale GB power prices.
Combine fundamentals & Monte Carlo for better decisions
KyPowerFundamentals combines power market fundamentals & Monte Carlo price simulations. The software offers a unique solution to take better strategic decisions in volatile energy market conditions.
Energy Risk: implications of carbon floor on power plant hedging
The UK carbon floor raises the cost of CO2 emissions by power producers and thereby increase power prices. The mechanism has important implications for the valuation of power stations. KYOS explains how the UK carbon floor impacts delta hedging of power stations.
Improved shape TTF forward curve on pricecurves service
KYOS is happy to announce it improved the shaping of the TTF forward curve. The TTF forward curve is made available on www.pricecurves.com.
KYOS chapter in best-selling energy risk book by V. Kaminski: gas storage pricing and hedging
Cyriel de Jong has completely rewritten his chapter on gas storage pricing and hedging, which provides an excellent description of the best-practice trading and valuation strategies for gas storage.
MRI and KYOS launch power price forward curves in Japan
The strategic partnership between KYOS and and Mitsubishi Research Institute, Inc. led to a new service for Japan’s electricity market. The service makes an electricity price forward curve available, which will serve as a benchmark for Japanese market players.
Journal of Natural Gas Science and Engineering: Gas storage review article
Various approaches have been suggested for the valuation of gas storage. Of those approaches, the most general ones are based on Monte Carlo price simulations. These approaches allow the evaluation of different market trading strategies and different assumptions about the underlying price process.
Risk Management with AtRisk- now in KYOS Analytics
New KYOS Analytical Platform for energy market players: improved risk management function, supporting both Value-at-Risk and Earnings/Cashflow-at-Risk.
The fair value of the Bergermeer gas storage SBU
What is a fair value of a gas storage facility? Case Study of Bergermeer facility, performed with KyStore.