We analyze the procurement problem in the electricity supply chain, focusing on the interaction between futures and …’ reaction functions. Finally, we illustrate our model with several numerical examples in the context of the Spanish electricity …

We analyze the risk premium on electricity forward contracts traded for the Nordic and German/Austrian electricity …

Increasing interconnectivity between electricity wholesale markets requires an efficient allocation scheme in order to … of both electricity spot and derivatives prices, and hence, do have important implications for pricing and hedging in … fundamental multi-market model for electricity pricing in order to analyze how the key stylized facts of electricity spot, futures …