• A spot-forward model for electricity prices with regime shifts 

      Paraschiv, Florentina; Fleten, Stein-Erik; Schürle, Michael (Journal article; Preprint; Peer reviewed, 2014)
      We propose a novel regime-switching approach for electricity prices in which simulated and forecasted prices are consistent with currently observed forward prices. Additionally, the model is able to reproduce spikes and ...
    • Backing out Expectations from Hydropower Release Time Series 

      Boger, Maren; Fleten, Stein-Erik; Pichler, Alois; Keppo, Jussi; Vestbøstad, Einar Midttun (Conference object; Journal article; Preprint, 2017)
      Our goal is to study how price expectations are formed in an electricity market. In the context of a single hydropower producer in the Nordic market, we expect the forward curve to have a strong influence. The alternative ...