Devine, Mel; Farrell, Niall; Lee, William - Volkswirtschaftliche Fakultät, … - 2014
transferring market price risk from investors, through policymakers, to a counterparty. This counterparty is often the electricity … consumer. Different FiT structures exist, with each transferring market price risk to varying degrees. Explicit consideration … option pricing, we define FiT policies that efficiently divide market price risk, conditional on risk preferences and market …