An overview of today's energy markets from a multi-commodity perspective As global
warming takes center stage in the public and private sectors, new debates on the future of …

The electric power industry is undergoing dramatic change driven by rapid technological
transformation, concern over climate change, and evolving market structures. As a result …

Praise for Energy and Power Risk Management" Energy and Power Risk Management
identifies and addresses the key issues in the development of the turbulent energy industry …

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 …

We develop an equilibrium model of the term structure of forward prices for storable
commodities. As a consequence of a nonnegativity constraint on inventory, the spot …

The operations‐finance interface (OFI) jointly optimizes material, monetary, and information
flows under intricate sources of uncertainty. To sketch the broad landscape in this emerging …

Precise renewable energy feed-in forecasts are essential for an effective and efficient
integration of renewables into energy systems, and research contributions that help to …

The connection between optimal stop** of random systems and the theory of the Snell
envelop is well understood, and its application to the pricing of American contingent claims …

This paper considers the so-called warehouse problem with both space and
injection/withdrawal capacity limits. This is a foundational problem in the merchant …

We consider the valuation of energy storage facilities within the framework of stochastic
control. Our two main examples are natural gas dome storage and hydroelectric pumped …