Samuelson Hypothesis and Electricity Derivative Markets
نویسندگان
چکیده
منابع مشابه
Title : Electricity Derivative Markets : Investment Valuation
This thesis studies electricity derivative markets from a view point of an electricity producer. The traditionally used asset pricing methods, based on the no arbitrage principle, are extended to take into account electricity specific features: the non storability of electricity and the variability in the load process. The sources of uncertainty include electricity forward curve, prices of reso...
متن کاملDifferentially Private Local Electricity Markets
Privacy-preserving electricity markets have a key role in steering customers towards participation in local electricity markets by guarantying to protect their sensitive information. Moreover, these markets make it possible to statically release and share the market outputs for social good. This paper aims to design a market for local energy communities by implementing Differential Privacy (DP)...
متن کاملSamuelson “ Premuneration Values and Investments in Matching Markets ” PIER Working
We examine markets in which agents make investments and then match into pairs, creating surpluses that depend on their investments and that can be split between the matched agents. In general, each of the matched agents would “own”part of the surplus in the absence of interagent transfers. Most of the work in the large bargaining-andmatching literature ignores this initial ownership of the surp...
متن کاملOptimal combinatorial electricity markets
The deregulation of the electricity industry in many countries has created a number of marketplaces in which producers and consumers can operate in order to more effectively manage and meet their energy needs. To this end, this paper develops a new model for electricity retail where end-use customers choose their supplier from competing electricity retailers. The model is based on simultaneous ...
متن کامل“ Self - Regulating Electricity Markets ? ”
An experimental structure is demonstrated that represents end-use customers in electricity markets who can substitute part of their usage between day and night. Each customer’s demand relationship is represented by a two-step value function for each period, disaggregated from observed market demand relationships, that varies between day and night and during heat-waves. Three alternative demand-...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2014
ISSN: 1556-5068
DOI: 10.2139/ssrn.2430166