Showing 1 - 10 of 3,050
The recent price coupling of many European electricity markets has triggered a fundamental change in the interaction of … paper we propose a regime-switching AR-GARCH copula to model pairs of day-ahead electricity prices in coupled European …
Persistent link: https://www.econbiz.de/10012963695
Persistent link: https://www.econbiz.de/10008669344
Persistent link: https://www.econbiz.de/10008669351
Persistent link: https://www.econbiz.de/10009787937
This paper analyses futures prices for four energy commodities (light sweet crude oil, heating oil, gasoline and natural gas) and five agricultural commodities (corn, oats, soybean oil, soybeans and wheat), over the period 1986-2010. Using CCC and DCC multivariate GARCH models, we find that...
Persistent link: https://www.econbiz.de/10009535531
This paper proposes to investigate the impact of financialization on energy markets (oil, gas, coal and electricity …
Persistent link: https://www.econbiz.de/10009737191
Persistent link: https://www.econbiz.de/10011759934
The economics of electricity is shaped by its physics. A well know example is the non-storability of electricity that … causes its price to fluctuate widely. More generally, physical constraints cause electricity to be a heterogeneous good along … commonly used cost indicators such as "levelized electricity costs" and "grid parity". Heterogeneity is relevant for all …
Persistent link: https://www.econbiz.de/10010344242
Persistent link: https://www.econbiz.de/10013259851
electricity generated by large scale concentrated solar power (CSP) plants in highly productive areas that are connected to the … relationships via Smart Meters; iii) residential consumer to generate electricity via micro-photovoltaic plants, and iv) residential … consumer to generate virtual electricity via consumption management. We find that it becomes optimal to invest in grid …
Persistent link: https://www.econbiz.de/10010189904