TY - JOUR T1 - Optimizing the Energy Portfolio JF - The Journal of Structured Finance SP - 28 LP - 36 DO - 10.3905/jsf.2002.320285 VL - 8 IS - 3 AU - Andy Dunn Y1 - 2002/10/31 UR - https://pm-research.com/content/8/3/28.abstract N2 - This article illustrates the need to use the latest portfolio analysis and optimization techniques to improve the decision-making around whether or not to add generation assets to a current business. We illustrate the primary risks that underlie any generation asset and then demonstrate how typical risk-management decisions made when focused on the individual assets can be significantly different from ones made when considering the entire generation and retail portfolio. Using risk and return and the relationship of these two important measures can lead to superior decisions about changes to any energy-based portfolio. ER -