Note: The ERP Course Pack includes all core readings, including new readings required for 2012.
Printed version: US $530 (Member price, plus shipping)
- Includes readings in 3-ring binder plus digital access through GDL
Electronic version: US $430 (Member price)
2012 ERP Supplemental Course Pack
Printed version: US $153 (Member price, plus shipping)
- Includes readings in 3-ring binder plus digital access through GDL
Electronic version: US $125 (Member price)
Free ERP Core Readings By Section
Physical Energy
Markets - Topics and Readings
Section 1.2
Crude Oil and Refining
1. Purvin & Gertz, Inc. The
Role of WTI as a Crude Oil Benchmark.
2. Bunkerworld.
D2 and No.2 Diesel Fuel: An Introduction
Section 1.3 Synthetics
1. Michael Toman, Aimee E. Curtright,
David S. Ortiz, Joel Darmstadter, Brian Shannon. Unconventional
Fossil-Based Fuels: Economic and Environmental Trade-Offs.
(Santa Monica, CA: Rand, 2008).
2. James T. Bartis, Frank A. Camm and
David S. Ortiz. Producing Liquid Fuels from Coal: Prospects and
Policy Issues (Santa Monica, CA: Rand, 2008).
Section
1.4 Natural Gas, LNG and Shale Gas
1. Department of Energy Publication:
Liquefied Natural Gas: Understanding the Basic Facts.
2. PriceWaterhouseCoopers:
Today's LNG Market Dynamics
3. Kenneth Medlock.
Impact of Shale Gas Development on Global Gas Markets
(Wiley Periodicals, Inc., 2011).
Section 1 Readings
Section
2.2 Hydroelectric and Nuclear Power
1. David Schlissel
and Bruce Biewald. Nuclear Power Plant Construction Costs
(Synapse Energy Economics, Inc.)
2. Peter Coy.
The Prospect for Safe Nuclear
(Bloomberg Businessweek, March 24, 2011).
Section 2 Readings
Section 3.1 Economics and Financing
of Global Investment in Renewable Energy
1. Geoffrey Heal.
The Economics of Renewable Energy.
2. Chris Grobey, John
Pierce, Michael Faber and Greg Broome.
Project Finance Primer for Renewable Energy
and Clean Tech Projects.
3. Bloomberg New Energy
Finance. Global Trends in Renewable Energy Investment.
Section 3.2 Sustainable Energy and
Biofuels
1. Govinda Timilsina
and Ashish Shrestha. Biofuels: Markets, Targets and Impacts
(The World Bank, July 2010).
Section 3.3 Current Trends in the
Carbon Market
1.
State and Trends of the Carbon Market (The World Bank, 2011)
- Sections 2-4.
Section 3 Readings
Financial Energy
Markets - Topics and Readings
Section
4.6 Real Option Valuation
1. Alexander Triantis.
Handbook of Modern Finance
(New York: Research Institute of America, 2003).
2. William Bailey,
Benoit Couet, Ashish Bhandari, Soussan Faiz, Sunaram Srinivasan and
Helen Weeds. Unlocking the Value of Real Options
(Oilfield Review Winter 2003/2004).
Section 4.9 Weather Derivatives
1. Geoffrey Considine,
Ph.D. Introduction to Weather Derivatives.
(Hyperlink title to the attached document
Section 4.9 Introduction to Weather Derivatives
2. Kevin Baumert and
Mindy Selman. Data Note: Heating and Cooling Degree Days.
(World Resources Institute, 2003).
Section 4 Readings
Risk Management Fundamentals
Section 6.1
Value-at-Risk (VaR) and Stress Testing
1. Alessandro Mauro. "Price
Risk Management in the Energy Industry: The Value at Risk Approach,"
Proceedings of the XXII Annual International Conference of the International
Association for Energy Economics
2. Jose Ramon Aragones,
Carlos Blanco, and Kevin Dowd. Incorporating Stress Tests Into
Market Risk Modeling.
Section 6.2 Credit and Counterparty
Risk Management
1. Craig Pirrong.
The Economics of Central Counterparty Clearing: Theory and Practice.
(ISDA Working Paper).
Section 6.3 Enterprise Risk Management
1. Casualty Actuarial
Society, Enterprise Risk Management Committee. Overview of Enterprise
Risk Management
Section 6.4 Case Studies in Risk
Management Failure
1. Ludwig Chincarini.
A Case Study on Risk Management: Lessons from the Collapse of Amaranth
Advisors L.L.C.
2. Connecticut Law
Review. Risk Management and Corporate Governance: The Case of
Enron.
Section 6 Readings
Current Issues in
Energy - Topics and Readings
Current Issues in Energy
1. NERA Economic Consulting.
"Lessons from the BP Deepwater Horizon Oil Spill" (September
2010).
2. Skadden, Arps, Slate,
Meagher & Flom LLP and Affiliates. "CFTC Adopts Final Position
Limit Rules at October 18 Open Meeting."
3. Mark A. Cohen, Madeline
Gottlieb, Joshua Linn, and Nathan Richardson. "Deepwater Drilling:
Law, Policy and Economics of Firm Organization and Safety."
4. Richard Morse and
Gang He. "The World's Greatest Coal Arbitrage: China's Coal Import
Behavior and Implications for the Global Coal Market."
5. Ivan Diaz-Rainey,
Mathias Siems and John Ashton. "The Financial Regulation of European
Wholesale Energy and Environmental Markets."
6. International Monetary
Fund. "Oil Scarcity, Growth and Global Imbalances."
Current Issues in Energy Readings
