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Risk and Flexibility in Electricity: Introduction to the Fundamentals and Techniques
Incisive Media, Nov 2003, Pages: 300
'A must-read for decision makers involved in any link in the electricity value chain.'
Chris Papousek, Managing Director, The New York Mercantile Exchange, Inc.
'A must read for all involved in the electricity markets. This book will be useful for both novices and professionals who want a deeper understanding of the pricing techniques involved in minimizing risk in the electricity markets.'
Ron Levi, Managing Director, GFI Group
Examining the flexibility and resultant opportunities brought about by deregulation in the electricity industry, this multi-contributor book will help you in all aspects of decision making within the sector from fuel sources to generation, transmission, distribution, and supply
-Illustrates the many options and tools available to assist with the decision-making process at each stage of the supply chain whilst alerting you to the various new risks formed by increased market uncertainty
-Provides you with all the necessary tools to easily apply the featured methodologies in your own work
-The title's emphasis on the application of theory to practical situations makes it highly relevant to both practitioners, who apply the theory to practice, and academics who study the effectiveness of the applications
-Features comprehensive and accessible coverage of: fuel trading, renewables and intermittent energy sources, forecasting and other analytical tools, transmission, retail power contracts, exotic options and flexibility, and regulation and deregulation risks
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