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101 0 $aeng
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181   $ctxt$2rdacontent
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200 10$aQuantitative Energy Finance$b[electronic resource] $eRecent Trends and Developments /$fedited by Fred Espen Benth, Almut E. D. Veraart
205   $a1st ed. 2024.
210  1$aCham :$cSpringer Nature Switzerland :$cImprint: Springer,$d2024.
215   $a1 online resource (270 pages)
311   $a3-031-50596-4 
330   $aPower markets are undergoing a major transformation from gas and oil-fueled generation toward renewable electricity production from wind and solar sources. Simultaneously, there is an increasing demand for electrification, coupled with long-term climate-induced weather changes. The uncertainties confronting energy market participants require sophisticated modelling techniques to effectively understand risk, many of which are covered in this book. Comprising invited papers by high-profile researchers, this volume examines the empirical aspects of forward and futures prices, uncovering patterns of noise factors in various European electricity markets. Additionally, it delves into the recent, influential classes of Hawkes and trawl processes, emphasizing their significance in energy markets. The impact of renewables on energy market prices is a pivotal concern for both producers and consumers. Mean-field games provide a powerful mathematical framework for this, and a dedicated chapter outlining their dynamics is included in the book. The book also explores structural financial products and their connection to climate risk as a risk management tool, underscoring the essential need for a comprehensive understanding of these products in the realm of "green finance," to which the energy industry is integral. Lastly, the book thoroughly analyzes spatial smoothing and power purchase (PPA) contracts, addressing central issues in energy system planning and financial operations. Tailored for researchers, PhD students, and industry energy analysts, this volume equips readers with insights and tools to navigate the constantly evolving energy market landscape. It serves as a sequel to the earlier Quantitative Energy Finance book, featuring all-new chapters.
606   $aSocial sciences$xMathematics
606   $aPower resources
606   $aStatistics
606   $aMathematics in Business, Economics and Finance
606   $aNatural Resource and Energy Economics
606   $aStatistics in Business, Management, Economics, Finance, Insurance
615  0$aSocial sciences$xMathematics.
615  0$aPower resources.
615  0$aStatistics.
615 14$aMathematics in Business, Economics and Finance.
615 24$aNatural Resource and Energy Economics.
615 24$aStatistics in Business, Management, Economics, Finance, Insurance.
676   $a519
700   $aBenth$b Fred Espen$0151492
701   $aVeraart$b Almut E. D$0768201
801  0$bMiAaPQ
801  1$bMiAaPQ
801  2$bMiAaPQ
906   $aBOOK
912   $a9910842493803321
996   $aQuantitative Energy Finance$94147918
997   $aUNINA