Monte Carlo simulation is a tool used widely to assess the physical and financial uncertainty of energy portfolios due to changes in key risk drivers under different possible states of the world.
Despite significant methodological, computational and technological advances in market and portfolio energy risk modelling in recent years, many firms are still using ‘first-generation' decision-support simulation models that suffer from known material deficiencies.
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The week on Risk.net, October 6-12, 2017Receive this by email
- Quantile, TriOptima face off in cleared swaps compression battle
- Leaked EU doc could shield legacy swaps from clearing grab
- ABS set for revival under US Treasury’s liquidity buffer plans
- SGX, HKEX expect to be among first wave of Mifid II equivalence
- Industry hails potential US relaxation of margin timing rules