Spot Price Modeling and the Valuation of Electricity Forward Contracts: The Role of Demand and Capacity

167 citations recorded by the source corpus.

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

Optimization of Electricity Retailer's Contract Portfolio Subject to Risk Preferences (2010, background): “In an extensive study focusing on forward contracts, [ 62 ] shows that the premium is seasonal and can be even negative when the standard deviation of the electricity load is low.”
Modeling and forecasting multivariate electricity price spikes (2016, background): “…by the occurrence of extreme spikes caused by inelastic demand in case of demand shocks (e.g. extreme weather conditions) or supply disruptions due to outages of generating capacity or transmission lines; see Knittel and Roberts (2005), Cartea and Villaplana (2008), or Lindström et al. (2015).”