FEA’s @ENERGY software gives utilities, traders and marketers of energy-related assets advanced tools to price intricate energy and power transactions; to engineer protective hedging strategies; and to manage the risks inherent in complex energy and power portfolios. A difficulty particular to power markets is that the price processes are very different from those modeled by the traditional Black-Scholes approach. Power prices are characterized by–among other things–mean reversion, truncated distributions, kurtosis (fat tails) and sudden spikes. Tools such as @ENERGY/Forward Curve, and PathUtil in @ENERGY/Basics help energy companies model these complex price processes. In addition, the contract models in the other modules of the @ENERGY suite (see list below) allow the input of forward curves of these types. A Dallas-based multinational leader in electricity, natural gas services and energy marketing sought to standardize pricing tools across their enterprise. FEA was able to provide them with a solution by offering a worldwide license to the @ENERGY Suite. Our software provided an energy-focused product which could be integrated with all of their existing systems. In addition to @ENERGY/Basics and @ENERGY/Advanced, other FEA products that may be of interest to electricity companies are: @ENERGY/Forward Curve @ENERGY/Power Generation™ @ENERGY/Swing @ENERGY/Weather @ENERGY/Storage Click on a product name for a detailed description and a list of features. We would be happy to provide a personal demonstration of any product, or feel free to contact us to talk with one of our staff directly.