Analyzing price data from sequential German electricity markets, namely the day-ahead and intraday auction, a puzzling … underlying demand profile. As there is evidence that widespread models for electricity forward premiums are not applicable to the …

In principle, portfolio optimization in electricity markets can make use of the standard mean-variance model going back … to Markowitz. Yet a key restriction in most electricity markets is the limited liquidity. Therefore the standard model …

Optimal capacity allocation for investments in electricity generation assets can be deterministically derived by …-Variance Portfolio (MVP) theory provides a consistent framework to valuate financial risks in power generation portfolios that allows to … perspective. Because existing literature on MVP applications in electricity generation markets uses predominantly numerical …

In this article we discuss welfare-optimal capacity allocation of different electricity generation technologies … available for serving system demand. While the classical peak load pricing theory derives the efficient portfolio structure from …-variance portfolio (MVP) theory and analytically discuss possible solution cases and important optimality properties. We examine the …

This paper analyzes the convergence process of Central-West European wholesale electricity markets from 2004 to the … Delineation ; Time Series Econometrics ; Energy Data, Electricity ; Europe …