Springer

1 Book found

Books

  • Valuation, Hedging and Speculation in Competitive Electricity Markets

    Valuation, Hedging and Speculation in Competitive Electricity Markets

    The challenges facing participants in competitive electricity markets are staggering: high price volatility introduces significant financial risk into an industry accustomed to guaranteed rates of return, while illiquid forward markets prevent effective hedging strategies from being implemented. Valuation, Hedging and Speculation in Competitive Electricity Markets: A Fundamental Approach, examines the unique properties which separate ...