Title: Global Banking / Edition 3
Author: Roy C. Smith, Ingo Walter, Gayle DeLong
ISBN-10: 0195335937
ISBN-13: 9780195335934
When it comes to the issue of energy finance and economics,there are many opinions out there, but what’s really needed inorder to gain a realistic understanding of this field are accurateand unbiased facts. That’s why Energy Finance and Economics,part of the Robert W. Kolb Series in Finance, has been created. Engaging and informative, this reliable guide contains thelatest insights regarding the finance and economics of energy basedon contributions by practitioners and academics who are experts inthese areas. It’s intended to bridge the gap between the scientificand technological foundations of energy and the real-worldapplications in the fields of finance and economics. Divided into four comprehensive parts—with each chaptercontaining review questions to help reinforce keyconcepts—this book offers extensive coverage in the areas ofvaluation, analysis, and risk management, and includes timelydiscussions about the future of energy. Page by page, it addressesthe most essential issues associated with energy finance andeconomics, and will help you: Gain valuable knowledge regarding energy supply and demand,industry structure, the myths and realities about sustainableenergy, geopolitics and world energy use, and the drivers of energyprices Develop a better sense of value creation and decision-making inthe energy industry Understand energy applications for best practices in financialanalysis, including accounting standards that apply to oil and gascompanies, capital budgeting and risk analysis for energy projects,and the economics of renewables Become familiar with the various types of energy derivativesand markets, and utilize key hedging techniques useful to energyrisk management Put the field in perspective with practical case studiesrelated to energy financial analysis such as the economics ofbuying a hybrid vehicle; Southwest Airlines’ decision to retrofittheir fleet of jets with blended winglets to save on fuel costs;and the economics of wind energy projects, among others And much more Energy finance is a complex topic, but with this book as yourguide, you’ll gain a broad understanding of it, and discover how itcan be effectively applied in real-world situations.
