Energy Pricing Models ― Recent Advances, Methods, and Tools

Following the liberalization of global energy markets, the world has witnessed a substantial growth in energy commodity trading. Moreover, prices and volatilities have significantly increased, partly due to geopolitical crises, but mostly resulting from increased participation of financial investors. Such newfound interest in energy markets has spawned greater demand for state-of-the-art models and methods necessary to understand the challenges related to trading and risk management.

Energy Pricing Models showcases original cutting-edge research to best illustrate the latest advances and future implications of trading in energy markets. Prokopczuk assembles an all-star team of leading academics and practitioners in order to provide a well-balanced analysis of the topic. This work is required reading for market practitioners wishing to gain greater insight into the field, as well as academics and researchers interested in learning more about the latest developments from an applied perspective.

Marcel Prokopczuk is Professor of Empirical Finance and Econometrics at Zeppelin University, Germany. Previously, he was Senior Lecturer of Finance at the ICMA Centre, The University of Reading, UK. He is a CFA charter holder and a recipient of the Professional Risk Manager designation. Prokopczuk's main research interests are commodity and energy markets, derivatives, empirical asset pricing, and risk management.