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 …

This study investigates the price formation of electricity futures at the European Energy Exchange (EEX) and aims at … serve several purposes for energy utilities, including price discovery, hedging, valuation and trading. … correction model suggest that price formation in the futures markets for electricity can be explained to some extent …