This book offers important insights into the intricacies of energy trading and risk management to students and … professionals in the liberalized electricity and natural gas markets. In its opening chapter, the book delves into fundamental … distinguishing characteristics of electricity and natural gas compared to other commodities are emphasised. Moving forward, the next …

The growth in variable renewable energy (vRES) and the need for flexibility in power systems go hand in hand. We study … three European electricity markets (Germany, UK, Nordic) over the time period 2009-2016. We find that market participants … (electricity, CO2, and coal/gas). Specifically, we show that the total vRES capacity installed during 2009-2016 is associated with …