Empirical Analysis of Developments in the Day Ahead Electricity Markets in India

Pankaj Sinha and Kritika Mathur

MPRA Paper from University Library of Munich, Germany

Abstract: Given the thrust on the deregulation of electricity markets in India since 2003, the short term electricity market with power exchanges in particular have evolved rapidly to support the growth of the power markets in an efficient manner. Since their year of inception 2008, power exchanges are now more efficient and are able to mitigate risks arising from price volatility for the participants to a large extent. This paper throws light on the trading of day ahead electricity contracts in India. We try to assess whether day ahead electricity returns and return volatility exhibit weekday effect. The study also looks at the effect of traded volume of electricity on electricity return volatility and the impact of introduction of the fifteen minute contracts in the day ahead electricity market in India on returns and return volatility.

Keywords: Power trading; electricity futures; Power exchange (search for similar items in EconPapers)
JEL-codes: D44 Q41 Q48 (search for similar items in EconPapers)
Date: 2016-08-11
New Economics Papers: this item is included in nep-ene and nep-reg
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/72969/1/MPRA_paper_72969.pdf original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:72969

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().