The expansion of wind-generation in the United States poses significant challenges to policy-makers, particularly because wind’s intermittency and unpredictability can exacerbate problems of congestion on a transmission constrained grid. Understanding these issues is necessary if optimal...

Economic theory suggests that refined and crude oil prices should be interrelated as the refined products are a derivative of the crude product and hence the prices of the two categories must have a long run relationship. However any short term feedbacks between the two markets are also of...

In this study ,an attempt has been made to investigate causality between electricity consumption and economic growth in India by adopting Granger Engel causality model for 1960-2006 period .Test results shows that electricity consumption has positive effect on economic growth. The paper support...

The aim of this paper is the analysis of coal normative framework from the beginning of the European Community to the end of the ECSC Treaty. The paper shows the uncertainty about coal restructuration after the end of the Treaty and also the complexity of coal decline in European countries.

The main objective of this paper is to analyze the behavior of the term structure of the WTI futures market between 2002 and 2009, period known by a sustained price rise followed by a price slump and again by a new price rise. To achieve this goal, we use Principal Component Analysis (PCA) to...

The purpose of this work is to gather some evidence about the relationship between crude prices and speculation in oil futures and options markets focusing on WTI markets. In order to shed some light on this link, a brief characterization of what a speculative bubble is and how it works is...

There are sectors of agriculture, manufacturing processes where conventional power is indispensable, although it may be more savings and better managed. Agricultural production consumes large amounts of conventional energy, especially oil to the normal process flow results more or less efficient...

Strategic plans in the energy sector have the overall objective of the use of renewable energy, especially wind power, hydroelectricity, biomass intending a considerable increase in the share it has in total energy production. Thus, chase is moving towards an economy based on low carbon...

Nach den starken Zuwächsen in den vergangenen Jahren ist die Gründungsdynamik im Bereich der Energiegenossenschaften im Jahr 2014 zum Erliegen gekommen. Zum Ablauf des Jahres 2014 waren 973 Energiegenossenschaften in den Genossenschaftsregistern eingetragen. Insgesamt wurden im Jahr 2014 66...

This article reports the results of a laboratory experiment that examines the strategic effect of forward contracts on market power in infinitely repeated duopolies. Two competing effects motivate the experimental design. Allaz and Vila (1993) argue that forward markets act like additional...