PT - JOURNAL ARTICLE AU - Andy Dunn TI - Optimizing the Energy Portfolio AID - 10.3905/jsf.2002.320285 DP - 2002 Oct 31 TA - The Journal of Structured Finance PG - 28--36 VI - 8 IP - 3 4099 - https://pm-research.com/content/8/3/28.short 4100 - https://pm-research.com/content/8/3/28.full AB - 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.