Strategic Price Risk in Wholesale Power Markets

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Strategic Price Risk in Wholesale Power Markets : New research on stimulating strategic price risk in the UK and European Power markets
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March 22, 2007 (Press Release) --
Strategic Price Risk in Wholesale Power Markets

Strategic Price Risk in Wholesale Power Markets : New research on stimulating strategic price risk in the UK and European Power markets

Explains why analysis of strategic price risk is crucial in price risk forecasting

Analysis of the likely impact of the new UK pool/market structure and implications of North European market structures for strategic price risks

Contents of Strategic Price Risk in Wholesale Power Markets :

1.Electricity Markets are Different

2.The Persistence of Market Power
Introduction, Latent market power and market concentration, Latent market power in the UK duopoly, Comments on latent market power analysis

3. Simulating Dynamic Market Behaviour
Introduction, Computational details of the agent-based simulation model, Application to the England and Wales Pool

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