Risk and Flexibility in Electricity
Introduction to the Fundamentals and Techniques
"A must-read for decision makers involved in any link in the electricity
value chain."
Chris Papousek, Managing Director, The New York Mercantile Exchange, Inc.
"A must read for all involved in the electricity markets. This book will
be useful for both novices and professionals who want a deeper understanding of the
pricing techniques involved in minimising risk in the electricity markets."
Ron Levi, Managing Director, GFI Group
Examining the flexibility and resultant opportunities brought about by
deregulation in the electricity industry, this multi-contributor book will help you in all
aspects of decision making within the sector from fuel sources to generation,
transmission, distribution, and supply
Illustrates the many options and tools available to assist you with the decision-making
process at each stage of the supply chain whilst alerting you to the various new risks
formed by increased market uncertainty
Provides you with all the necessary tools to easily apply the featured methodologies in
your own work
The title's emphasis on the application of theory to practical situations makes it
highly relevant to both practitioners, who apply the theory to practice, and academics who
study the effectiveness of the applications
Features comprehensive and accessible coverage of: fuel trading, renewables and
intermittent energy sources, forecasting and other analytical tools, transmission, retail
power contracts, exotic options and flexibility, and regulation and deregulation risks
Hardcover, 237 pages