Since the liberalisation of the European electricity sector, forward and futures contracts have gained significant interest of market participants due to risk management reasons. For pricing of these contracts an important fact concerns the non-storability of electricity. In this case, according...

Market integration of Renewable Energy Technologies for Electricity (RES-E) generation is one of the core topics in the energy policy agenda of the European Commission (EC). However, legislation in this context still faces a variety of lacks (e.g. ignoring unbundling principles) in almost all...