Essays about: "Hedging in electricity market"

Showing result 1 - 5 of 9 essays containing the words Hedging in electricity market.

1. 1. Powering up profits - Integrating Power Purchase Agreements and Battery Systems for Nordic Power Futures

   University essay from Lunds universitet/Institutionen för energivetenskaper

   Author : William Thorwaldson; Ellen Jinglöv; [2023]
   Keywords : Power Purchase Agreements; Financial Power Trading; Battery Energy Storage Systems; Power Futures; Technology and Engineering;

   Abstract : This master’s thesis aims to assess the profitability and the factors impacting the profitability of entering a short position in financial derivative contracts on the Nordic power market while procuring electricity through a pay-as-produced power purchase contract and on the day-ahead (DA) market, simultaneously the strategy utilizes a battery storage system to mitigate the effects of price spikes. The research adopted a mixed-method approach by combining quantitative analysis with qualitative findings. READ MORE

3. 2. Modelling Seasonalities of HPFCs Using a Parametric Approach

   University essay from Lunds universitet/Matematisk statistik

   Author : Reza Rastegar; Lucas Svantesson; [2019]
   Keywords : Power Markets; Hourly Price Forward Curves; Seasonality; Electricity Spot Price; Mathematics and Statistics;

   Abstract : Electricity differs from other commodities in that it cannot be stored. This non-storability characteristic results in traditional pricing methods for commodities not being applicable for electricity. An alternative pricing method is therefore needed and the solution is the Hourly Price Forward Curve (HPFC). READ MORE

4. 3. Optimization of hydro power on the Nordic electricity exchange using financial derivatives

   University essay from KTH/Matematisk statistik

   Author : Viktor Enoksson; Fredrik Svedberg; [2015]
   Keywords : Optimization; hydro power; linear programming; stochastic programming; scenario construction; stochastic inflow modeling; financial derivatives on electricity.;

   Abstract : Since the deregulation of the Nordic electricity market in 1996, electricity has become one of the most traded commodities in the Nordic region. The electricity price is characterized by large fluctuations as the supply and demand of electricity are seasonally dependent. READ MORE

5. 4. Analysis of Hedging Strategies for Hydro Power on the Nordic Power Market

   University essay from KTH/Matematisk statistik

   Author : Patrik Gunnvald; Viktor Joelsson; [2015]
   Keywords : ;

   Abstract : Hydro power is the largest source for generation of electricity in the Nordic region today. This production is heavily dependent on the weather since it dictates the terms for the availability and the amount of power to be produced. READ MORE

6. 5. Pricing and Hedging of Swing Options in the European Electricity and Gas Markets

   University essay from Lunds universitet/Matematisk statistik

   Author : John Hedestig; [2014]
   Keywords : Mathematics and Statistics;

   Abstract : This report outlines a method to price and hedge a generalized swing option based on the European natural gas and electricity markets. The method is model free in that is does not assume a certain spot price dynamics. It only requires a forward curve and European call options prices that cover the delivery period of the swing option. READ MORE