煤炭价格风险与能源风险管理(二)

Coal Price Risk and Energy Risk Management

本文对能源风险管理的产生及在欧美国家的发展作了回顾,并对与能源风险管理密切相关的金融衍生工具产品作了简要介绍。用假设案例说明煤炭生产和消费企业如何控制煤炭价格风险。对我国如何开展能源风险管理提出了建议。

This article briefly reviewed the origin and recent development of Energy Risk Management in Europe and the United State of American, and presented the fundamentals of several financial derivatives, which are popularly used in Energy Risk Management. In addition, our studies of nom cases demonstrated how the coal producer and the end-user could use those financing tools to control their coal price risk in a volatile environment. It also made some suggestions to the government and energy enterprises in China how they could deal with Energy Risk Management business.