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Managing Physical and Financial Uncertainty in the Power Industry

 

Balancing practical experience with an informed assessment of emerging issues and best practices, this conference brings you the latest techniques and methods for managing, measuring, and monitoring physical and financial uncertainty to optimize overall performance of your energy portfolio. The conference embraces the latest developments in risk management and focuses on methods to mitigate uncertainty for power generators, utilities, and marketers.

Dominic Pazzula, Sr. Technical Consultant with RiskAdvisory, and Enrique Mejorada, VP Risk Controls with Calpine will present on “Dynamic Power / Gas Risk Factor Modeling at Calpine”.  Their presentation will include:

 

  • Dynamic and Interrelated Risk Factor Modeling
    • Risk factor modeling using a menu of sensible stochastic processes
    • Normal vs non-normal models
    • Combining models using a copula
  • Risk Modeling at Calpine
    • Business case for model-based simulation
    • Issues encountered
    • Dynamic modeling methodology
    • Validation

 

For more information about this conference, visit: http://www.euci.com/

For more information about Risk Modeling, contact Dominic.Pazzula@sas.com