Valuation, Hedging and Speculation in Competitive Electricity Markets

Lingua: inglese

Editore: Springer US Okt 2001, 2001

0792375289 / 9780792375289

Serie: Libro 52 di 153 - Power Systems

Da: BuchWeltWeit Ludwig Meier e.K., Bergisch Gladbach, GermaniaBuchWeltWeit Ludwig Meier e.K.

Venditore con 5 stelle

Venditore AbeBooks dal 11 gennaio 2012

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Descrizione dell’articolo da parte del venditore

This item is printed on demand - it takes 3-4 days longer - Neuware -The challenges currently facing particIpants m competitive electricity markets are unique and staggering: unprecedented price volatility, a crippling lack of historical market data on which to test new modeling approaches, and a continuously changing regulatory structure. Meeting these challenges will require the knowledge and experience of both the engineering and finance communities. Yet the two communities continue to largely ignore each other. The finance community believes that engineering models are too detailed and complex to be practically applicable in the fast changing market environment. Engineers counter that the finance models are merely statistical regressions, lacking the necessary structure to capture the true dynamic properties of complex power systems. While both views have merit, neither group has by themselves been able to produce effective tools for meeting industry challenges. The goal of this book is to convey the fundamental differences between electricity and other traded commodities, and the impact these differences have on valuation, hedging and operational decisions made by market participants. The optimization problems associated with these decisions are formulated in the context of the market realities of today's power industry, including a lack of liquidity on forward and options markets, limited availability of historical data, and constantly changing regulatory structures. 236 pp. Englisch.…

Codice articolo 9780792375289

Titolo
Valuation, Hedging and Speculation in Competitive Electricity Markets
Autore
Marija Ilic
Editore
Springer US Okt 2001
Anno di pubblicazione
2001
Condizione
Neu
Rilegatura
Buch
Lingua
inglese
ISBN 10
0792375289
ISBN 13
9780792375289
Peso dell'articolo
524 grammi
Dimensioni
241x160x18 mm
Serie
Libro 52 di 153: Power Systems

BuchWeltWeit Ludwig Meier e.K.

Bergisch Gladbach, Germania

Venditore con 5 stelle

Venditore AbeBooks dal 11 gennaio 2012

Tariffe di spedizione da Germania a U.S.A.

ArticoloDa 5 a 15 giorni lavorativiDa 5 a 15 giorni lavorativi
Primo articoloEUR 23,00EUR 23,00
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