Valuation, Hedging and Speculation in Competitive Electricity Markets: A Fundamental Approach (Hardcover, 2001)

Preface. 1. Introduction. 2. Overview of Valuation and Hedging Theory. 3. Overview of the Competitive Electricity Industry. 4. Arbitrage Pricing and the Temporal Relationship of Electricity Prices. 5. Building a Price Model for Electricity Markets. 6. A Bid-Based Stochastic Model for Electricity Prices. 7. Optimal Futures Market Strategies for Energy Service Providers. 8. Valuing Generation Assets. 9. Modeling Locational Price Differences. 10. Investment Dynamics and Long Term Price Trends in Competitive Electricity Markets. 11. Conclusion. Appendix A. Appendix B. References. Index.