The main objective of this article is to present a comparative study of capital assets pricing models (CAPM) with extrapolating capital assets pricing models (X-CAPM) of companies admitted in Tehran Exchange Market which is accomplished for the first time by investigators of this research in Iran. Accordingly, the statistical population under study of this research includes all companies admitt...

Utilities use demand response to shift or reduce electricity usage of flexible loads, to better match electricity demand to power generation. A common mechanism is peak pricing (PP), where consumers pay reduced (increased) prices for electricity during periods of low (high) demand, and its simplicity allows consumers to understand how their consumption affects costs. However, new consumer techn...

We address a method for pricing electricity contracts based on valuation of ability to produce power, which is considered as the true underlying for electricity derivatives. This approach shows that an evaluation of free production capacity provides a framework where a change–of–numeraire transformation converts electricity forward market into the common settings of money market modeling. Using...

with the aim of reducing cost of electricity consumption and peak load reduction, tools requirement for better managing electricity consumption have become inevitable in recent years. smart home has some equipment which are controllable and this ability is used for increasing comfort and minimizing electricity cost for residence. as a key component of smart home , electric vehicle(ev) ,increase...

To understand how specific interventions affect a process observed over time, we need to control for the other factors that influence outcomes. Such a model that captures all factors other than the one of interest is generally known as a baseline. In our study of how different pricing schemes affect residential electricity consumption, the baseline would need to capture the impact of outdoor te...

Electricity swing options are supply contracts for power, which give the owner the right to change the required delivery on short time notice. It gives more flexibility than fixed base load or peak load contracts. The name ”option” is a bit misleading, since it gives the owner multiple exercise rights at many different time horizons with exercise amounts on a continuous scale. We look at the pr...