论文信息 - Hedging with Futures Contracts in a Deregulated Electricity Industry

Hedging with Futures Contracts in a Deregulated Electricity Industry

This paper is a statistical study of direct and cross hedging strategies using futures contracts in an electricity market. A comparison of the strategies is based on the standard deviation or risk of the values of the hedging positions. Results indicate that the use of electricity futures contracts is superior to using other related futures contracts such as crude oil.

J. Lawarree | E. Tanlapco | C. C. Liu

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