Energy Trading and Risk Management

Professor Müsgens holds the Chair of Energy Economics at Brandenburg University of Technology and is leading BTU's energy innovation centre. He has experience in energy trading and portfolio management from heading Trianel's portfolio management department as well as numerous ETRM consulting projects for various companies. His research focuses on energy economics, energy data analytics, and energy system modelling, culminating in more than 100 publications. Mr. Müsgens is member of numerous committees (e.g., Scientific Advisory and Project Board of 50Hertz), associated researcher at EPRG (University of Cambridge), and acted as elected scientific representative at the Exchange Council of the European Energy Exchange (EEX) until 2021. Mr. Müsgens received his doctorate at the Institute of Energy Economics (EWI) and the DFG Graduate School of Risk Management at the University of Cologne.

Professor Bade holds the Chair of Energy Economics and Management at Albstadt-Sigmaringen University and is Dean of Studies for energy economics at the Department of Business Science and Management. His current research focuses on modelling and marketing flexibility potentials in energy-intensive industrial processes. As part of the European Commission/Horizon Europe project Flex4Fact, he was instrumental in driving forward the modelling of short-term and flexibility markets. Prof. Bade has published numerous scientific papers and regularly gives lectures on current developments in the energy markets. He also advises companies on the implementation of digitization strategies in rapidly changing energy markets. Before taking up his professorship, Mr. Bade gained over a decade of experience in various positions as energy market consultant and risk controller in the energy industry. He received his doctorate at the DFG Graduate School of Risk Management at the University of Cologne.

List of Figures.- PREFACE.- 1. Introduction.- 2. Products and Markets.- 3. Portfolio Management.- 4. Risk Management.- 5. Literaturverzeichnis.- 6. Glossary.