Abstract
In part IV of this study we focus on pricing short-term electricity forward contracts. Based on the peculiarities of electricity as underlying commodity of forward contracts we develop a theoretical valuation model. In analyzing electricity spot and forward market data we further present results on empirical inferences for the Californian power market.
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© 2001 Springer-Verlag Berlin Heidelberg
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Kellerhals, B.P. (2001). Summary and Conclusions. In: Financial Pricing Models in Continuous Time and Kalman Filtering. Lecture Notes in Economics and Mathematical Systems, vol 506. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-662-21901-0_20
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DOI: https://doi.org/10.1007/978-3-662-21901-0_20
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-540-42364-5
Online ISBN: 978-3-662-21901-0
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