• DocumentCode
    1185330
  • Title

    Hedging with Futures Contracts in a Deregulated Electricity Industry

  • Author

    Tanlapco, E. ; Lawarree, J. ; Liu, C. C.

  • Author_Institution
    University of Washington
  • Volume
    22
  • Issue
    7
  • fYear
    2002
  • fDate
    7/1/2002 12:00:00 AM
  • Firstpage
    54
  • Lastpage
    54
  • Abstract
    This paper is a statistical study of direct and cross hedging strategies using futures contracts in an electricity market. A comparison of the strategies is based on the standard deviation or risk of the values of the hedging positions. Results indicate that the use of electricity futures contracts is superior to using other related futures contracts such as crude oil.
  • Keywords
    Contracts; Costs; Electricity supply industry deregulation; Power generation; Power system planning; Power system reliability; Risk analysis; Uncertainty; Wind energy generation; Wind forecasting; Electricity deregulation; risk management;
  • fLanguage
    English
  • Journal_Title
    Power Engineering Review, IEEE
  • Publisher
    ieee
  • ISSN
    0272-1724
  • Type

    jour

  • DOI
    10.1109/MPER.2002.4312381
  • Filename
    4312381
    • Link To Document
    https://search.isc.ac/dl/search/defaultta.aspx?DTC=49&DC=1185330