Siddiqui, Afzal S.; Bartholomew, Emily S.; Marnay, Chris - 2008
and price volatility. Indeed, economic theory suggests that even modestly price-responsive demand can remove the stress on … any significant, rapid demand-side response to the wholesale (or, spotmarket) price. For a variety of reasons, electricity …. This results in considerable price risk for retailers, who are sometimes forbidden by regulators from signing hedging …