Delta hedging the load-serving deal

As spark spreads narrow or disappear around the US, and proprietary trading loses its luster at many energy companies, structured transactions - especially 'full requirements' load-serving deals - are necessarily picking up the slack when it comes to marketing a company's long positions in electricity. Full requirements deals are contracts in which one party, typically an owner or manager of generating assets, agrees to provide all of its counterparty's electricity needs...Continue reading t

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