SINTEF has significant expertise and experience in risk management within the electricity and gas markets. This expertise is grounded in general financial theory, operations analysis, and extensive experience from production planning for hydroelectric producers.
SINTEF has worked in particular with risk management for hydroelectric producers. This is a particularly complicated problem area because it requires that we recognise the relation between the financial instruments and a complex physical production system involving many constraints and uncertainties against which it is not necessarily possible to provide guarantees in the financial markets.
Risk management integrates activities linked to the pricing/modelling of financial instruments, price and production forecasts.