The emergence of trading and risk management in liberalized electricity markets

被引：17
|
作者：
Sioshansi, FP [1 ]
机构：
[1] Menlo Energy Econ, Menlo Pk, CA 94025 USA
来源：
ENERGY POLICY | 2002年 / 30卷 / 06期
关键词：
energy trading; risk management; price volatility;
D O I：
10.1016/S0301-4215(01)00146-X
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Trading and risk management services are essential components of liberalized electricity markets. They thrive in markets where prices are volatile and customers need protection from unwanted and poorly understood risks. This viewpoint describes the fundamentals and explains what has been driving their phenomenal growth in the recent past in the USA. (C) 2002 Elsevier Science Ltd. All rights reserved.
引用
收藏
页码：449 / 459
页数：11
相关论文
共 50 条
  • [1] Private risk and social resilience in liberalized electricity markets
    Mays, Jacob
    Craig, Michael T.
    Kiesling, Lynne
    Macey, Joshua C.
    Shaffer, Blake
    Shu, Han
    JOULE, 2022, 6 (02) : 369 - 380
  • [2] Risk aversion and generation adequacy in liberalized electricity markets: benefits of capacity markets
    Abani, Ahmed Ousman
    Hary, Nicolas
    Saguan, Marcelo
    Rious, Vincent
    2016 13TH INTERNATIONAL CONFERENCE ON THE EUROPEAN ENERGY MARKET (EEM), 2016,
  • [3] Quality of supply in liberalized electricity markets
    Michalik-Mielczarska, G
    Mielczarski, W
    10TH INTERNATIONAL CONFERENCE ON HARMONICS AND QUALITY OF POWER, VOLS I AND II, PROCEEDINGS, 2002, : 1 - 6
  • [4] Pricing policies for efficient demand side management in liberalized electricity markets
    Ciarreta, Aitor
    Espinosa, Maria Paz
    Pizarro-Irizar, Cristina
    ECONOMIC MODELLING, 2023, 121
  • [5] Portfolio- und Risikomanagement im liberalisierten ElektrizitätsmarktPortfolio and risk management in liberalized electricity markets
    C. Todem
    H. Stigler
    e&i Elektrotechnik und Informationstechnik, 2002, 119 (5) : 170 - 177
  • [6] IMPROVEMENT OF METHODICAL AND INSTRUMENTAL SUPPORT FOR DEMAND SIDE MANAGEMENT IN THE LIBERALIZED ELECTRICITY MARKETS
    Kotsar, O.V.
    Rasko, I.O.
    Technical Electrodynamics, 2023, 2023 (03): : 68 - 79
  • [7] Risk management in electricity markets
    Basterfield, David
    Bundt, Thomas
    Nordt, Kevin
    MANAGERIAL FINANCE, 2010, 36 (06) : 525 - 533
  • [8] Effect of risk measures on bilateral trading in electricity markets
    El Khatib, Sameh
    Quiles, Catalina Gomez
    Galiana, Francisco D.
    2007 IEEE LAUSANNE POWERTECH, VOLS 1-5, 2007, : 932 - 937
  • [9] Determinants of Power Hedging Mechanisms in Liberalized Electricity Markets
    Spodniak, Petr
    Bertsch, Valentin
    2017 14TH INTERNATIONAL CONFERENCE ON THE EUROPEAN ENERGY MARKET (EEM 17), 2017,
  • [10] Social development: The new challenge to liberalized electricity markets
    de Oliveira, M. F.
    Martins, A. C. B.
    2006 IEEE/PES TRANSMISSION & DISTRIBUTION CONFERENCE & EXPOSITION: LATIN AMERICA, VOLS 1-3, 2006, : 503 - +
12345