Antti Klemola is a PhD student at the Department of Accounting and Finance, University of Vaasa. He holds a M.S. in Economics and Business Administration from the University of Vaasa. His research focuses on energy finance, financial derivatives, risk management, asset pricing and behavioral finance. His work has been previously published in The Journal of Energy Markets and Journal of Behavioral Finance.
This paper examines how electricity options traded in the Nasdaq OMX Commodities Europe financial market are priced compared with their corresponding futures contracts.