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- Spodniak, Petr, et al. Show all 2 Author
- Energy 2020 v.196 pp. 117050
- carbon markets; electricity; electricity costs; fuels; futures trading; generators (equipment); models; new markets; profitability; profits and margins; risk management; wind power; Germany; Norway; United Kingdom
- ... The profitability of electricity market participants providing flexibility and dispatchability is affected by different determinants. We study how variable renewable energy sources (vRES) and other factors impact both electricity futures prices and hedgeable profit margins of gas generators, proxied by clean spark spreads (CSSs) in futures markets. We focus on futures markets in three European cou ...