Fleten, Stein-Erik; Huisman, Ronald; Kilic, Mehtap; … - Institut d'Economia de Barcelona (IEB), Facultat … - 2014
This paper provides insight in the time-varying relation between electricity futures prices and fundamentals in the form of prices of contracts for fossil fuels. As supply curves are not constant and different producers have different marginal costs of production, we argue that the relation...
