Bulb can’t buy wholesale electricity and gas more than two weeks in advance, leaving it exposed to price hikes
One-week-ahead electricity price forecasting using weather forecasts, and its application to arbitrage in the forward market: an empirical study of the Japan Electric Power Exchange
This paper constructs a model using weekly weather forecasts for forecasting week-ahead average electricity prices and applies it to an arbitrage strategy in the forward market.
Winners of the 2021 Energy Risk Commodity Rankings supported clients in unprecedented times to be voted counterparties of choice
The authors model the supply and demand curves of electricity day-ahead auctions in a parsimonious way by building an appropriate algorithm to present the information about electricity prices and demand with far fewer parameters than the existing…
This paper provides a method to identify the best predictive variables and the appropriate predictive indexes for an aggregate hydropower storage forecasting model. To this end, we use an entropy-based approach.
Energy market expert investigates ways to forecast future power prices and capture rates in order to value renewables PPAs
Energy industry expert looks at key developments in the power purchase agreements market
A simulation-based model for optimal demand response load shifting: a case study for the Texas power market
This paper describes a case study of analyzing DR load-shifting strategies for a retail electric provider for the Texas (ERCOT) market using a Monte Carlo simulation with stochastic loads and settlement prices.
This paper presents an empirical analysis of how power shocks resulting from intermittent renewables affect the forecast error of the forward premium in German electricity markets.
A new approach to evaluating the cost-efficiency of complex hedging strategies: an application to electricity price–volume quanto contracts
In this paper, the authors propose a new hedging assessment model, the economic value of the incremental expected shortfall (EVIES), from a cost-efficiency perspective.
The latest online early paper in our special issue on blockchain enabled energy markets
Professor Vince Kaminski analyses Nasdaq and PJM defaults
Geopolitical tensions introduced extreme volatility to many commodity markets in 2018, while environmental markets began to take off
Improving the Brazilian electricity market: how to replace the centralized dispatch by decentralized market-based bidding
This paper proposes replacing the Energy Reallocation Mechanism with a bid- based short-term market called the virtual reservoir model.
Will efforts to open UK balancing market garner interest beyond suppliers and aggregators?
Tougher closure criteria would distort power prices and harm functioning of the market, say traders
George Levy discusses the value of intraday power storage and demand optionality in UK power contracts
Verification and model challenges arise as volatility and margins dry up
In this paper, the authors investigate the barriers to including DH as a flexible resource for the electricity market in Denmark, Norway and Sweden.
Novera Khan: as energy markets change, risk management should be at the heart of business strategy
Utilities may unwind hedges amid uncertainty over EU emissions market
Technological breakthrough could rewrite the rules of power trading
Energy firms and regulators agree changes needed to market design
Questions over future of vertical integration among energy firms