Electricity - Prices
Medium term power portfolio optimization considering locational electricity prices and risk aversion for a power producer in a deregulated electricity market
... historical electricity demand or fuels prices, need to be studied carefully so as to understand what features are relevant for the particular purpose of the model, since it should capture the features ...
162
Does it take volume to move European electricity spot prices?
... Our results can be commented as follows. First, the coefficients on intraweek dummies are generally significant, signaling the importance of including season- ality in the model specification. This is true across ...
27
Electricity Price Forecasting by Averaging Dynamic Factor Models
... In this paper, dynamic factor models and forecast combination techniques have been jointly employed to obtain predictions of spot market electricity prices in the Iberian market. The main contribution ...
21
Effects of electricity dynamic pricing : from time of use to real time pricing
... when prices are high, but also raise their consumption when prices are ...PJM, electricity generation is based on coal, natural gas and nuclear, as a result “demand response is seen as more ...
46
Strategic Behaviour, Resource Valuation and Competition in Electricity Markets
... The last empirical exercise that we can make is to try to find out the contract’s level of the plants for our period of study. It is clear from the first order conditions in the model with contract that in order to get the ...
28
Electricity Cross-Subsidies in Colombia : an alternative targeting proposal
... Recently a consulting group, Economía Urbana (2015), made an attempt to test the impact of several focalization methods which included SISBEN application, stratum 3 elimination and increasing subsistence consumption, ...
52
Serie documentos de trabajo
... like electricity is highly unequal and generalized subsidies are in turn ...behind electricity subsidies does not have any distributional ...supplying electricity for irrigation systems at ...
38
Strategic Generation Investment and equilibria in oligopolistic electricity markets
... 1.7. Solution Approach 27 4) A set of lower-level problems are considered representing the clearing of the markets under different conditions. As shown in Figure 1.3, this set of lower-level problems includes: i) a ...
371
A model to forecast WTI oil prices
... We call spot market to all those sets of transactions that have the purchase or sale immediately. On the other hand, in the forward market, purchases or sales take place at a future date, although both the transaction ...
45
Optimización del abastecimiento energético para usuarios no regulados en Colombia
... on electricity spot prices Some international electrical systems allow consumers to have direct access to spot markets to buy the energy supplied by the ...spot prices plus a premium. The spot ...
11
The Demand for Air Quality: A Case study in Bogotá, Colombia
... implicit prices from air quality include Kim et ...implicit prices for air quality addressing different methodological issues: Kim et al explored the possible spatial dependence in the hedonic price ...
54
Commodity price forecasts, futures prices and pricing model
... spot prices, in comparison to traded futures ...oil prices, and use the EIA forecasts as a reference for their own estimations provided by a model that is built on the fundamental relationships between ...
74
Credit, liquidity and housing prices
... property prices and the granted mortgages for housing, while ensuring substantial growth in the granting of this asset type in Spain since 2001, increasing the importance associated with this ...
50
Setting prices for second-hand video games
... Concerning the results provided by the price formation mechanism, based on the heterogeneity of the goods concerning the player’s preferences, we provide sufficient conditions to guarantee the existence and uniqueness of ...
24
Methodology for modeling electricity markets using concurrent constraint programming
... Until now, the target was to demonstrate that it was possible to use CCP to simulate a competitive electricity market with SFE and leaving a modeling methodology using this programming paradigm. For this purpose, ...
9
A multifactor stochastic volatility model of commodity prices
... A somewhat different strand of literature explores the pricing of commodity derivatives within the HJM framework (Amin, Ng, & Pirrong, 1999; Cortazar & Schwartz, 1994; Mil- tersen, 2003; Miltersen & Schwartz, ...
76
Operation of a photovoltaic system in the mexican electricity market
... The energy reform brought a profound modification of articles 25, 27 and 28 of the Political Constitution of the United Mexican States. To meet the needs of increasing the rate of economic growth, increase productivity ...
116
International Synchronicity of Housing Prices
... housing prices, making its comparison sometimes ...housing prices can differ because of the coverage area (national or whole country information versus regional or big ...housing prices (single or ...
20
Robust generation scheduling in electricity markets
... optimized electricity markets relies on deterministic unit commitment models based on forecast values of nodal net power injections and pre-specified system reserve requirements [34, 59, 101, ...
278
Sticky Prices and Moderate Inflation
... change prices often, even under low inflation ...sticky prices, particularly at higher yet not extreme rates of ...area–sticky prices under moderate ...
32