1 / 8

Research Group: Retail & Pipelines Support Team

The Enron Research Group's Retail & Pipelines Support Team focuses on applying mathematical models and financial technology to assist the retail division and optimize pipeline revenues. The team's mission is to ensure efficient pricing, risk management, evaluation of energy projects, asset maintenance, and service delivery.

sknowlton
Download Presentation

Research Group: Retail & Pipelines Support Team

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Research Group: Retail & Pipelines Support Team February 28, 2001 Enron Research Group Presentation to Greg Whalley

  2. Retail & Pipelines Support Team

  3. Mission Statement • EES: Apply mathematical models and transfer financial technology to our retail division to assist in • Speedy and accurate pricing of deals • Management of risks • Evaluating energy projects and associated real options • Efficiently maintaining assets and delivering services • EPG: Develop optimization and revenue management tools for increasing pipeline revenues and providing a sustainable advantage in an increasingly competitive and deregulating market

  4. Team Members • Krishnarao Pinnamaneni • MBA, Rice • PhD, Operations Research & Computer Science, Stanford • Osman Sezgen • MS, Industrial Engineering/Operations Research • MS, Power Systems • Prior experience: Lawrence Berkeley Labs, Schlumberger • Shane Green • MS, Finance • BS, Economics • Praveen Mellacheruvu • MS, Industrial Engineering/Operations Research • BS, Mechanical Engineering

  5. Team Members • Seksan Kiatsupaibul • PhD & MS, Industrial and Operations Engineering • BS, Control Engineering • Wichai Narongwanich • PhD, Operations Research • BS, Electrical Engineering • Roman Zadorozhny • BS, Economics • Youyi Feng • PhD, Operations Research • BS & MS, Mathematics • Prior experience: National Singapore University

  6. Pipeline Projects • Revenue Management model for Pipelines • Segmenting demand • Forecasting demand by segment • Valuing future pipeline capacity as the maximum expected profit for the given demand distribution and physical constraints • Optimal capacity utilization based on customer behavior • Optimal path allocation on pipelines for contracts with multiple receipt and delivery flexibilities • Option models for pipelines

  7. Recent Retail Projects COMMODITY RISK MANAGEMENT: • Basket spread options model for Quaker Oats • Options on swaps in Beth Israel Hospitals • Spread lag options for Starwood Hotels • Asian options in power structuring model • Utility switching options • Structuring models • Value-at-risk & hedging for Utility Risk Management Desk • Credit reserve model support for EES deals REAL OPTIONS: • Valuing optionality in demand side management (DSM) projects • Cogeneration power plant valuation • Sizing of on-site generation combined with gas chiller • Valuing distributed generation

  8. Recent Retail Projects(Continued) CHARACTERIZATION OF ENERGY DEMAND AND PRICING OF SERVICES OFFERINGS: • Energy end-use modeling • End-use disaggregation • Development of load shapes for facilities • Sampling and extrapolation • Utilization of public/private data sources (DOE-EIA surveys, etc.) • Characterization of energy efficiency and distributed generation opportunities • Quantification/hedging of consumption risk (weather related, etc.) • Supporting pricing related to services • Technology assessment • Quantification/hedging of labor price risk in facilities maintenance NEW BUSINESSES: • LeaseCo • Premium Power

More Related