Financial Engineering Associates

@ENERGY®

@ENERGY® is a set of Microsoft® Excel add-in functions that values derivative instruments used in the power, natural gas, oil, coal, metal, and soft commodity industries. Typical users are traders, risk managers, gas and power marketers, utilities, industrial firms, brokers, and auditors.

Every aspect of @ENERGY is specifically designed to handle energy market derivatives. @ENERGY/Basic is used to analyze essential exchange-traded and over-the-counter derivatives, while @ENERGY/Advanced adds multiple-asset and compound energy derivatives associated with capacity, storage, and transmission. @ENERGY captures the sophisticated nature of energy price behavior by making available an extensive selection of cutting-edge price process models as well as allowing for full forward price and forward volatility curves to capture seasonality in both prices and volatility. @ENERGY provides a comprehensive set of results such as price and scalar greek measures, as well as hedge curves, gamma curves, and vega curves to allow for more precise hedging across the entire term structure of forward prices and volatility.

@ENERGY is written completely in C and C++ and provides extremely fast calculations. It includes Excel add-in functions (XLL files), customizable Excel templates, and documentation. When installed, @ENERGY adds functions to Excel that are used like the built-in worksheet functions, so you can customize the @ENERGY templates or create new ones.