Strategic Price Risk in the Wholesale Power Markets - Risk Books
  • Choose your currency
  • GBP
  • EUR
  • USD

You have no items in your shopping basket.

0 items
£0.00

Strategic Price Risk in the Wholesale Power Markets

Edited By Derek W. Bunn

Overview

A research report incorporating research from the Energy Markets Group at the London Business School on stimulating strategic price risk in the UK and European power markets.

Publish date: 2 Aug 1999

Availability: In stock

£175.00
OR

Book description

  • Explains why analysis of strategic price risk is crucial in price risk forecasting
  • Analysis of the likely impact of the new UK pool/market structure and implications of North European market structures for strategic price risks

Book details

ISBN
9781899332335
Publish date
2 Aug 1999
Format
Report
Size
A4

Editor biography

Derek W. Bunn

Derek W. Bunn is a Professor at London Business School, with research on the energy sector extending back more than 25 years. Author of over 180 research papers and 10 books in the areas of forecasting, decision analysis and energy economics, previously he was the Editor of Energy Economics, and has served on the editorial boards of 12 other journals including Management Science. He has advised many PhD students as well as numerous international companies and government agencies in this sector.

Table of contents

Preface VII

Executive Summary IX

1: Electricity Markets are Different

2: The Persistence of Market Power

Introduction

Latent market power and market concentration

Latent market power in the UK duopoly

Comments on latent market power analysis

3: Simulating Dynamic Market Behaviour

Introduction

Computational details of the agent-based simulation model

Application to the England and Wales Pool

4: New Models for New Markets

Introduction

The agent-based simulation model

Simulation insights

Explaining the results

Conclusions

5: Market Structure Is Fundamental

Introduction

Using agent-based simulation

Analysis of the 1999 plant divestment issue in England and Wales

Summary and conclusions

6: Market Power in European Electricity

Lessons from the UK market

Development of EU electricity market legislation

Background to the liberalisation of the EU electricity market

Potential sources of residual market power

Mitigating the effects of market power

Conclusion

Appendix 1: Main Sources of Statistics1 Prices and Legislation

Appendix 2: Abbreviations and Acronyms

Customer Reviews

Average customer reviews for Strategic Price Risk in the Wholesale Power Markets
Infopro Digital - AOP Digital Publisher of the Year 2010 & 2013  & 2017 & 2017