When it comes to the issue of energy finance and economics, there are many opinions out there, but what’s really needed in order to gain a realistic understanding of this field are accurate and 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 the latest insights regarding the finance and economics of energy based on contributions by practitioners and academics who are experts in these areas. It’s intended to bridge the gap between the scientific and technological foundations of energy and the real-world applications in the fields of finance and economics.
Divided into four comprehensive partswith each chapter containing review questions to help reinforce key conceptsthis book offers extensive coverage in the areas of valuation, analysis, and risk management, and includes timely discussions about the future of energy. Page by page, it addresses the most essential issues associated with energy finance and economics, and will help you:
- Gain valuable knowledge regarding energy supply and demand, industry structure, the myths and realities about sustainable energy, geopolitics and world energy use, and the drivers of energy prices
- Develop a better sense of value creation and decision-making in the energy industry
- Understand energy applications for best practices in financial analysis, including accounting standards that apply to oil and gas companies, capital budgeting and risk analysis for energy projects, and the economics of renewables
- Become familiar with the various types of energy derivatives and markets, and utilize key hedging techniques useful to energy risk management
- Put the field in perspective with practical case studies related to energy financial analysis such as the economics of buying a hybrid vehicle; Southwest Airlines’ decision to retrofit their 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 your guide, you’ll gain a broad understanding of it, and discover how it can be effectively applied in real-world situations.
When it comes to the issue of energy finance and economics, there are many opinions out there, but what’s really needed in order to gain a realistic understanding of this field are accurate and 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 the latest insights regarding the finance and economics of energy based on contributions by practitioners and academics who are experts in these areas. It’s intended to bridge the gap between the scientific and technological foundations of energy and the real-world applications in the fields of finance and economics.
Divided into four comprehensive parts―with each chapter containing review questions to help reinforce key concepts―this book offers extensive coverage in the areas of valuation, analysis, and risk management, and includes timely discussions about the future of energy. Page by page, it addresses the most essential issues associated with energy finance and economics, and will help you:
- Gain valuable knowledge regarding energy supply and demand, industry structure, the myths and realities about sustainable energy, geopolitics and world energy use, and the drivers of energy prices
- Develop a better sense of value creation and decision-making in the energy industry
- Understand energy applications for best practices in financial analysis, including accounting standards that apply to oil and gas companies, capital budgeting and risk analysis for energy projects, and the economics of renewables
- Become familiar with the various types of energy derivatives and markets, and utilize key hedging techniques useful to energy risk management
- Put the field in perspective with practical case studies related to energy financial analysis such as the economics of buying a hybrid vehicle; Southwest Airlines’ decision to retrofit their 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 your guide, you’ll gain a broad understanding of it, and discover how it can be effectively applied in real-world situations.
About the Author
BETTY SIMKINS, PhD, is the Williams Companies Professor of Business and a Professor of Finance in the Department of Finance at Oklahoma State University’s (OSU) Spears School of Business. She teaches energy finance, a course that she developed, at both the undergraduate and graduate levels, and also teaches executive education courses on energy finance for companies globally. Her primary area of research is risk management, including energy risk management, and she has published extensively in this area. Simkins has received a number of teaching awards at OSU, including the Regents Distinguished Teaching Award. She currently serves on the Board of Directors for the Financial Management Association, as coeditor of the Journal of Applied Finance, editor of FMA Online, and as past president of the Eastern Finance Association. Simkins worked in the corporate world for ConocoPhillips and Williams Companies.
RUSSELL SIMKINS is Manager of Proposal Services in the College of Engineering, Architecture, and Technology at Oklahoma State University (OSU) and a licensed Professional Engineer in the state of Oklahoma. He has over thirty years of engineering experience and worked for ConocoPhillips, Fractionation Research Inc., Lubrizol Corporation, Southwest Research Institute, and the U.S. Department of Energy. Simkins has also been active in the engineering profession as a member of various working groups in the Society of Automotive Engineers (SAE), Coordinating Research Council (CRC), and American Society of Testing Materials (ASTM) dealing with fuels and lubricants.
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