Valuation Hedging And Speculation In Competitive Electricity Markets

Download Valuation Hedging And Speculation In Competitive Electricity Markets full books in PDF, epub, and Kindle. Read online Valuation Hedging And Speculation In Competitive Electricity Markets ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!

Valuation, Hedging and Speculation in Competitive Electricity Markets

Author : Petter L. Skantze
Publisher : Springer Science & Business Media
ISBN 13 : 146151701X
Total Pages : 220 pages
Book Rating : 4.4/5 (615 download)

DOWNLOAD NOW!

Book Synopsis Valuation, Hedging and Speculation in Competitive Electricity Markets by : Petter L. Skantze

Download or read book Valuation, Hedging and Speculation in Competitive Electricity Markets written by Petter L. Skantze and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: The challenges currently facing particIpants m competitive electricity markets are unique and staggering: unprecedented price volatility, a crippling lack of historical market data on which to test new modeling approaches, and a continuously changing regulatory structure. Meeting these challenges will require the knowledge and experience of both the engineering and finance communities. Yet the two communities continue to largely ignore each other. The finance community believes that engineering models are too detailed and complex to be practically applicable in the fast changing market environment. Engineers counter that the finance models are merely statistical regressions, lacking the necessary structure to capture the true dynamic properties of complex power systems. While both views have merit, neither group has by themselves been able to produce effective tools for meeting industry challenges. The goal of this book is to convey the fundamental differences between electricity and other traded commodities, and the impact these differences have on valuation, hedging and operational decisions made by market participants. The optimization problems associated with these decisions are formulated in the context of the market realities of today's power industry, including a lack of liquidity on forward and options markets, limited availability of historical data, and constantly changing regulatory structures.

A Fundamental Approach to Valuation, Hedging and Speculation in Deregulated Electricty Markets

Author : Petter L. Skantze
Publisher :
ISBN 13 :
Total Pages : 164 pages
Book Rating : 4.:/5 (492 download)

DOWNLOAD NOW!

Book Synopsis A Fundamental Approach to Valuation, Hedging and Speculation in Deregulated Electricty Markets by : Petter L. Skantze

Download or read book A Fundamental Approach to Valuation, Hedging and Speculation in Deregulated Electricty Markets written by Petter L. Skantze and published by . This book was released on 2001 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Pricing in Competitive Electricity Markets

Author : Ahmad Faruqui
Publisher : Springer Science & Business Media
ISBN 13 : 1461545293
Total Pages : 463 pages
Book Rating : 4.4/5 (615 download)

DOWNLOAD NOW!

Book Synopsis Pricing in Competitive Electricity Markets by : Ahmad Faruqui

Download or read book Pricing in Competitive Electricity Markets written by Ahmad Faruqui and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 463 pages. Available in PDF, EPUB and Kindle. Book excerpt: Electricity markets are being deregulated or face new regulatory frameworks. In such changing markets, new pricing strategies will need to consider such factors as cost, value of service and pricing by objective. Pricing in Competitive Electricity Markets introduces a new family of pricing concepts, methodologies, models, tools and databases focused on market-based pricing. This book reviews important theoretical pricing issues as well as practical pricing applications for changing electricity markets.

Designing Competitive Electricity Markets

Author : Hung-po Chao
Publisher : Springer Science & Business Media
ISBN 13 : 1461555477
Total Pages : 213 pages
Book Rating : 4.4/5 (615 download)

DOWNLOAD NOW!

Book Synopsis Designing Competitive Electricity Markets by : Hung-po Chao

Download or read book Designing Competitive Electricity Markets written by Hung-po Chao and published by Springer Science & Business Media. This book was released on 2013-12-01 with total page 213 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors are prominent economists, operation researchers, and engineers who have been instrumental in the development of the conceptual framework for electric power restructuring both in the United States and in other countries. Rather than espousing a particular market design for the industry's future, each author focuses on an important issue or set of issues and tries to frame the questions for designing electricity markets using an international perspective. The book focuses on the economic and technical questions important in understanding the industry's long-term development rather than providing immediate answers for the current political debates on industry competition.

Competitive Electricity Markets

Author : Fereidoon P. Sioshansi
Publisher : Elsevier
ISBN 13 : 9780080557717
Total Pages : 624 pages
Book Rating : 4.5/5 (577 download)

DOWNLOAD NOW!

Book Synopsis Competitive Electricity Markets by : Fereidoon P. Sioshansi

Download or read book Competitive Electricity Markets written by Fereidoon P. Sioshansi and published by Elsevier. This book was released on 2011-10-10 with total page 624 pages. Available in PDF, EPUB and Kindle. Book excerpt: After 2 decades, policymakers and regulators agree that electricity market reform, liberalization and privatization remains partly art. Moreover, the international experience suggests that in nearly all cases, initial market reform leads to unintended consequences or introduces new risks, which must be addressed in subsequent “reform of the reforms. Competitive Electricity Markets describes the evolution of the market reform process including a number of challenging issues such as infrastructure investment, resource adequacy, capacity and demand participation, market power, distributed generation, renewable energy and global climate change. Sequel to Electricity Market Reform: An International Perspective in the same series published in 2006 Contributions from renowned scholars and practitioners on significant electricity market design and implementation issues Covers timely topics on the evolution of electricity market liberalization worldwide

Energy Risk Management

Author : Peter C. Fusaro
Publisher : McGraw Hill Professional
ISBN 13 : 9780786311842
Total Pages : 290 pages
Book Rating : 4.3/5 (118 download)

DOWNLOAD NOW!

Book Synopsis Energy Risk Management by : Peter C. Fusaro

Download or read book Energy Risk Management written by Peter C. Fusaro and published by McGraw Hill Professional. This book was released on 1998 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: Addressing the important issues of worldwide energy price risk management, this work assembles the leading industry figures to explain general theories and practices for hedging risk, and specific methods to effectively manage risk in markets such as coal, natural gas, electricity, and hydropower.

Competitive Electricity Markets: The Power of Choice

Author : Joseph L. Welch, PE
Publisher : Lulu.com
ISBN 13 : 0557160170
Total Pages : 224 pages
Book Rating : 4.5/5 (571 download)

DOWNLOAD NOW!

Book Synopsis Competitive Electricity Markets: The Power of Choice by : Joseph L. Welch, PE

Download or read book Competitive Electricity Markets: The Power of Choice written by Joseph L. Welch, PE and published by Lulu.com. This book was released on 2009 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Critique of the US Electricity Industry. Analysis of derailed industry deregulation initiatives. Sketches a new, competitively structured Energy Policy Template.

Competitive Electricity Markets, Prices and Generator Entry and Exit

Author : Robert G. Ethier
Publisher :
ISBN 13 :
Total Pages : 300 pages
Book Rating : 4.E/5 ( download)

DOWNLOAD NOW!

Book Synopsis Competitive Electricity Markets, Prices and Generator Entry and Exit by : Robert G. Ethier

Download or read book Competitive Electricity Markets, Prices and Generator Entry and Exit written by Robert G. Ethier and published by . This book was released on 1999 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Energy and Power Risk Management

Author : Alexander Eydeland
Publisher : John Wiley & Sons
ISBN 13 : 0471455873
Total Pages : 506 pages
Book Rating : 4.4/5 (714 download)

DOWNLOAD NOW!

Book Synopsis Energy and Power Risk Management by : Alexander Eydeland

Download or read book Energy and Power Risk Management written by Alexander Eydeland and published by John Wiley & Sons. This book was released on 2003-02-03 with total page 506 pages. Available in PDF, EPUB and Kindle. Book excerpt: Praise for Energy and Power Risk Management "Energy and Power Risk Management identifies and addresses the key issues in the development of the turbulent energy industry and the challenges it poses to market players. An insightful and far-reaching book written by two renowned professionals." -Helyette Geman, Professor of Finance University Paris Dauphine and ESSEC "The most up-to-date and comprehensive book on managing energy price risk in the natural gas and power markets. An absolute imperative for energy traders and energy risk management professionals." -Vincent Kaminski, Managing Director Citadel Investment Group LLC "Eydeland and Wolyniec's work does an excellent job of outlining the methods needed to measure and manage risk in the volatile energy market." -Gerald G. Fleming, Vice President, Head of East Power Trading, TXU Energy Trading "This book combines academic rigor with real-world practicality. It is a must-read for anyone in energy risk management or asset valuation." -Ron Erd, Senior Vice President American Electric Power

Designing Competitive Electricity Markets

Author : Hung-Po Chao
Publisher :
ISBN 13 : 9781461555483
Total Pages : 228 pages
Book Rating : 4.5/5 (554 download)

DOWNLOAD NOW!

Book Synopsis Designing Competitive Electricity Markets by : Hung-Po Chao

Download or read book Designing Competitive Electricity Markets written by Hung-Po Chao and published by . This book was released on 2014-09-17 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Market Operations in Electric Power Systems

Author : Mohammad Shahidehpour
Publisher : John Wiley & Sons
ISBN 13 : 0471463949
Total Pages : 552 pages
Book Rating : 4.4/5 (714 download)

DOWNLOAD NOW!

Book Synopsis Market Operations in Electric Power Systems by : Mohammad Shahidehpour

Download or read book Market Operations in Electric Power Systems written by Mohammad Shahidehpour and published by John Wiley & Sons. This book was released on 2003-05-28 with total page 552 pages. Available in PDF, EPUB and Kindle. Book excerpt: An essential overview of post-deregulation market operations inelectrical power systems Until recently the U.S. electricity industry was dominated byvertically integrated utilities. It is now evolving into adistributive and competitive market driven by market forces andincreased competition. With electricity amounting to a $200 billionper year market in the United States, the implications of thisrestructuring will naturally affect the rest of the world. Why is restructuring necessary? What are the components ofrestructuring? How is the new structure different from the oldmonopoly? How are the participants strategizing their options tomaximize their revenues? What are the market risks and how are theyevaluated? How are interchange transactions analyzed and approved?Starting with a background sketch of the industry, this hands-onreference provides insights into the new trends in power systemsoperation and control, and highlights advanced issues in thefield. Written for both technical and nontechnical professionals involvedin power engineering, finance, and marketing, this must-haveresource discusses: * Market structure and operation of electric power systems * Load and price forecasting and arbitrage * Price-based unit commitment and security constrained unitcommitment * Market power analysis and game theory applications * Ancillary services auction market design * Transmission pricing and congestion Using real-world case studies, this timely survey offers engineers,consultants, researchers, financial managers, university professorsand students, and other professionals in the industry acomprehensive review of electricity restructuring and how itsradical effects will shape the market.

Modeling and Forecasting Electricity Loads and Prices

Author : Rafal Weron
Publisher : John Wiley & Sons
ISBN 13 : 0470059990
Total Pages : 192 pages
Book Rating : 4.4/5 (7 download)

DOWNLOAD NOW!

Book Synopsis Modeling and Forecasting Electricity Loads and Prices by : Rafal Weron

Download or read book Modeling and Forecasting Electricity Loads and Prices written by Rafal Weron and published by John Wiley & Sons. This book was released on 2007-01-30 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers an in-depth and up-to-date review of different statistical tools that can be used to analyze and forecast the dynamics of two crucial for every energy company processes—electricity prices and loads. It provides coverage of seasonal decomposition, mean reversion, heavy-tailed distributions, exponential smoothing, spike preprocessing, autoregressive time series including models with exogenous variables and heteroskedastic (GARCH) components, regime-switching models, interval forecasts, jump-diffusion models, derivatives pricing and the market price of risk. Modeling and Forecasting Electricity Loads and Prices is packaged with a CD containing both the data and detailed examples of implementation of different techniques in Matlab, with additional examples in SAS. A reader can retrace all the intermediate steps of a practical implementation of a model and test his understanding of the method and correctness of the computer code using the same input data. The book will be of particular interest to the quants employed by the utilities, independent power generators and marketers, energy trading desks of the hedge funds and financial institutions, and the executives attending courses designed to help them to brush up on their technical skills. The text will be also of use to graduate students in electrical engineering, econometrics and finance wanting to get a grip on advanced statistical tools applied in this hot area. In fact, there are sixteen Case Studies in the book making it a self-contained tutorial to electricity load and price modeling and forecasting.

Computational Intelligence and Decision Making

Author : Ana Madureira
Publisher : Springer Science & Business Media
ISBN 13 : 9400747225
Total Pages : 493 pages
Book Rating : 4.4/5 (7 download)

DOWNLOAD NOW!

Book Synopsis Computational Intelligence and Decision Making by : Ana Madureira

Download or read book Computational Intelligence and Decision Making written by Ana Madureira and published by Springer Science & Business Media. This book was released on 2012-11-08 with total page 493 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a general overview and original analysis of new developments and applications in several areas of Computational Intelligence and Information Systems. Computational Intelligence has become an important tool for engineers to develop and analyze novel techniques to solve problems in basic sciences such as physics, chemistry, biology, engineering, environment and social sciences. The material contained in this book addresses the foundations and applications of Artificial Intelligence and Decision Support Systems, Complex and Biological Inspired Systems, Simulation and Evolution of Real and Artificial Life Forms, Intelligent Models and Control Systems, Knowledge and Learning Technologies, Web Semantics and Ontologies, Intelligent Tutoring Systems, Intelligent Power Systems, Self-Organized and Distributed Systems, Intelligent Manufacturing Systems and Affective Computing. The contributions have all been written by international experts, who provide current views on the topics discussed and present recent, original insights from their own experience in these fields.

Mathematical Methods in Engineering

Author : Nuno Miguel Fonseca Ferreira
Publisher : Springer
ISBN 13 : 9400771835
Total Pages : 322 pages
Book Rating : 4.4/5 (7 download)

DOWNLOAD NOW!

Book Synopsis Mathematical Methods in Engineering by : Nuno Miguel Fonseca Ferreira

Download or read book Mathematical Methods in Engineering written by Nuno Miguel Fonseca Ferreira and published by Springer. This book was released on 2014-08-18 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a careful selection of the contributions presented at the Mathematical Methods in Engineering (MME10) International Symposium, held at the Polytechnic Institute of Coimbra- Engineering Institute of Coimbra (IPC/ISEC), Portugal, October 21-24, 2010. The volume discusses recent developments about theoretical and applied mathematics toward the solution of engineering problems, thus covering a wide range of topics, such as: Automatic Control, Autonomous Systems, Computer Science, Dynamical Systems and Control, Electronics, Finance and Economics, Fluid Mechanics and Heat Transfer, Fractional Mathematics, Fractional Transforms and Their Applications, Fuzzy Sets and Systems, Image and Signal Analysis, Image Processing, Mechanics, Mechatronics, Motor Control and Human Movement Analysis, Nonlinear Dynamics, Partial Differential Equations, Robotics, Acoustics, Vibration and Control, and Wavelets.

Power Quality Enhancement Using Custom Power Devices

Author : Arindam Ghosh
Publisher : Springer Science & Business Media
ISBN 13 : 1461511534
Total Pages : 474 pages
Book Rating : 4.4/5 (615 download)

DOWNLOAD NOW!

Book Synopsis Power Quality Enhancement Using Custom Power Devices by : Arindam Ghosh

Download or read book Power Quality Enhancement Using Custom Power Devices written by Arindam Ghosh and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 474 pages. Available in PDF, EPUB and Kindle. Book excerpt: Power Quality Enhancement Using Custom Power Devices considers the structure, control and performance of series compensating DVR, the shunt DSTATCOM and the shunt with series UPQC for power quality improvement in electricity distribution. Also addressed are other power electronic devices for improving power quality in Solid State Transfer Switches and Fault Current Limiters. Applications for these technologies as they relate to compensating busses supplied by a weak line and for distributed generation connections in rural networks, are included. In depth treatment of inverters to achieve voltage support, voltage balancing, harmonic suppression and transient suppression in realistic network environments are also covered. New material on the potential for shunt and series compensation which emphasizes the importance of control design has been introduced.

Valuation and Risk Management in Energy Markets

Author : Glen Swindle
Publisher : Cambridge University Press
ISBN 13 : 1107036844
Total Pages : 499 pages
Book Rating : 4.1/5 (7 download)

DOWNLOAD NOW!

Book Synopsis Valuation and Risk Management in Energy Markets by : Glen Swindle

Download or read book Valuation and Risk Management in Energy Markets written by Glen Swindle and published by Cambridge University Press. This book was released on 2014-02-17 with total page 499 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book surveys the mechanics of energy markets and the valuation of structures commonly arising in practice. The presentation balances quantitative issues and practicalities facing portfolio managers, with substantial attention paid to the ways in which common methods fail in practice and to alternative methods when they exist. The book will provide readers with the analytical foundation required to function in modern energy trading and risk management groups.

Commodity Price Dynamics

Author : Craig Pirrong
Publisher : Cambridge University Press
ISBN 13 : 1139501976
Total Pages : 238 pages
Book Rating : 4.1/5 (395 download)

DOWNLOAD NOW!

Book Synopsis Commodity Price Dynamics by : Craig Pirrong

Download or read book Commodity Price Dynamics written by Craig Pirrong and published by Cambridge University Press. This book was released on 2011-10-31 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: Commodities have become an important component of many investors' portfolios and the focus of much political controversy over the past decade. This book utilizes structural models to provide a better understanding of how commodities' prices behave and what drives them. It exploits differences across commodities and examines a variety of predictions of the models to identify where they work and where they fail. The findings of the analysis are useful to scholars, traders and policy makers who want to better understand often puzzling - and extreme - movements in the prices of commodities from aluminium to oil to soybeans to zinc.