Energy Trading For Dummies

Question 1

Which of the following DOES NOT affect how energy is produced's marginal cost structure?

Accepted Answer

Investment

Answer

Certificate Costs

Answer

Efficiency

Answer

Fuel Prices

Question 2

Which of the following is a crucial risk management measure?

Accepted Answer

95% VaR

Answer

Time frame

Answer

Return

Answer

All of the above

Question 3

Which of the following does not constitute a job function in energy trading?

Accepted Answer

Angel Investor

Answer

Dispatcher

Answer

Investment Manager

Answer

Analyst

Question 4

Which change in the marginal cost structure does an increase in efficiency bring about?

Accepted Answer

Costs are reduced

Answer

Costs escalate

Answer

As per input

Answer

None of the above

Question 5

Which of the following does not break ties?

Accepted Answer

Number of purchasers and sellers

Answer

Market price over time

Answer

Market trajectory

Answer

Unbalanced Order

Question 6

What doesn't qualify as a comodity?

Accepted Answer

Android-based smartphones

Answer

Metals

Answer

Energy

Answer

All of the above

Question 7

How are electric rates determined?

Accepted Answer

Curve of merit

Answer

Best estimate

Answer

Over the market, average pricing

Answer

Gross profit for each producer