Energy markets are more perilous than ever before. Deregulation has forced a whole new world of trading and risk management jargon onto the power and energy marketer. How does the manager master this complex process, with its myriad experts, personalities, and systems? John Wengler identifies these issues, discusses and analyzes them, and in checklist fashion prioritizes for managers what they must do to succeed despite risks as diverse as price, trader, and credit. Written in plain English, the text is directed at upper management at all electric utilities, natural gas firms, oil companies, and industrial end-users served by the energy complex.
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John Wengler is an Executive Consultant with R.W. Beck's Energy Risk Management Group. Prior to joining Beck, he spent seven years with SAVA Risk Management Corporation. He speaks worldwide for such groups as PowerMart, the Electric Power Research Institute, and the American Power Conference. He is an Adjunct Professor at the Illinois Institute of Technology s Stuart School of Business in Chicago where he teaches marketing financial products. Wengler earned a bachelor s degree in civil engineering from the University of Wisconsin and an MBA in marketing and finance from Northwestern University s Kellogg Graduate School of Management.
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