The Forward Market in Electricity

Josh Danziger
Additional contact information
Josh Danziger: GNI Limited

Chapter 6 in OTC Markets in Derivative Instruments, 1993, pp 101-123 from Palgrave Macmillan

Abstract: Abstract The construction of the electricity market prior to the privatisation of the UK industry gave rise to an open market in physical electricity, known as the pool. It also gave rise to a completely new type of commodity risk for generators, suppliers and users of electricity: electricity price risk. Electricity prices in the pool are highly volatile: typically they average around £20/MWh, but sometimes fall to below £10/MWh and on occasion rise to above £300/MWh.

Keywords: Electricity Market; Strike Price; Electricity Industry; Forward Price; Demand Profile (search for similar items in EconPapers)
Date: 1993
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:pal:palchp:978-1-349-13053-5_6

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349130535

DOI: 10.1007/978-1-349-13053-5_6

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().