To reach climate targets, future energy systems must rely heavily on variable renewable energy sources (VRES) such as wind and photovoltaic (PV). As the share of VRES increases, the topics of flexibility and the smart interplay of different flexibility options grow in importance. One way to...

"This volume is a collection of chapters covering the latest developments in applications of financial mathematics and statistics to topics in energy, commodity financial markets and environmental economics. The research presented is based on the presentations and discussions that took place...