Let's look back over the past few years-what we got right and where we went wrong.
Do you recall how you felt at your last class reunion? Well, that's exactly what an...
Power Prices Today: Growing More Unpredictable
- difficult. This is also why the price of an option may often be much greater than the value calculated from a standard model. It is also why option and other price insurance markets are often thin and why markets that join counter-parties with different price exposures (generators vs. large buyers of the commodity) are successful.
- For many examples of different types of behavior for price and other related economic variables and how to represent them, see Anindya Banerjee, Juan Dolado, John W. Galbraith, and David F. Hendry, , New York, Oxford University Press, 1993.
- See Notice: Platt's proposes methodology refinements. , July 1, 2002. This notice was also printed in its July 7 issue.
- For a full discussion of the current state of distributed generation and some indication of how price risk frameworks can aid in determining the value of these assets and instruments, see Jonathan A. Lesser and Charles D. Feinstein, Distributed Generation: Hype vs. Hope. , June 1, 2002, pp. 20-28; Ahmad Faruqui and Melanie Maulden, The Barriers to Real Time: Separating Fact From Fiction, , July 15, 2002, pp. 30-40.
Articles found on this page are available to Internet subscribers only. For more information about obtaining a username and password, please call our Customer Service Department at 1-800-368-5001.