dc.contributor.author | Boger, Maren | |
dc.contributor.author | Fleten, Stein-Erik | |
dc.contributor.author | Pichler, Alois | |
dc.contributor.author | Keppo, Jussi | |
dc.contributor.author | Vestbøstad, Einar Midttun | |
dc.date.accessioned | 2017-11-13T10:07:36Z | |
dc.date.available | 2017-11-13T10:07:36Z | |
dc.date.created | 2017-06-26T07:56:45Z | |
dc.date.issued | 2017 | |
dc.identifier.issn | 1559-792X | |
dc.identifier.uri | http://hdl.handle.net/11250/2465738 | |
dc.description.abstract | 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 we allow for is a seasonal autoregressive joint inflow and spot price model that takes dry- and wet year dynamics into account. Using observed time series of generation, reservoir trajectories and technical plant data, and a structural model of optimal releases, our initial findings indicate that forward prices have influence on price expectations. An important byproduct of the proposed procedure is estimates of marginal water values. | nb_NO |
dc.language.iso | eng | nb_NO |
dc.publisher | IAEE | nb_NO |
dc.title | Backing out Expectations from Hydropower Release Time Series | nb_NO |
dc.type | Journal article | nb_NO |
dc.description.version | submittedVersion | nb_NO |
dc.source.journal | IAEE International Conference | nb_NO |
dc.identifier.cristin | 1478708 | |
dc.relation.project | Norges forskningsråd: 245284 | nb_NO |
dc.description.localcode | Authors' manuscript | nb_NO |
cristin.unitcode | 194,67,50,0 | |
cristin.unitname | Institutt for industriell økonomi og teknologiledelse | |
cristin.ispublished | true | |
cristin.fulltext | preprint | |
cristin.qualitycode | 1 | |