On Value of Flexibility in Energy Risk Management. Concepts, Models, Solutions
2007
Since 90s power markets are being restructured worldwide and nowadays electrical energy is traded as a commodity. Therewith the question how to manage and hedge the financial risks resulting from uncertain electrical power and fuel prices is essential for market participants. There exists a rich literature on risk management in energy markets. Some noteworthy references can be downloaded from our web resources [1] and are reviewed in the cited literature. Let us first investigate the market structure and then discuss two different pricing schemes for risk management in power industries.
Keywords:
- Correction
- Source
- Cite
- Save
- Machine Reading By IdeaReader
7
References
1
Citations
NaN
KQI