Electricity spot prices in the emerging power markets are volatile, a consequence of the
unique physical attributes of electricity production and distribution. Uncontrolled exposure to …

The markets for electricity, gas and temperature have distinctive features, which provide the
focus for countless studies. For instance, electricity and gas prices may soar several …

We discuss the modeling of electricity contracts traded in many deregulated power markets.
These forward/futures type contracts deliver (either physically or financially) electricity over a …

In this paper we propose a jump-diffusion type model which recovers the main
characteristics of electricity spot price dynamics in the Nordic market, including seasonality …

The goal of this survey is to review the major idiosyncrasies of the commodity markets and
the methods which have been proposed to handle them in spot and forward price models …

This paper addresses quantity risk in the electricity market and explores several ways of
managing such risk. The paper also addresses the hedging problem of a load‐serving …

Energy storage systems are well poised to mitigate uncertainties of renewable generation
outputs. Grid-scale energy storage projects are major investments which call for rigorous …

This paper examines empirically the relationship between electricity spot and futures prices,
by analysing a decade of data for a set of short term-to-maturity futures contracts traded in …

This review presents the set of electricity price models proposed in the literature since the
opening of power markets. We focus on price models applied to financial pricing and risk …

In this paper we propose a new modelling framework for electricity futures markets based on
so-called ambit fields. The new model can capture many of the stylised facts observed in …