Modelling Prices in Competitive Electricity Markets

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Clear explanation to competitive electricity marketsCompetitive electricity markets became a worldwide trend during the 1990s, and their financial behavior is now beginning to attract interest from traders, banks, and energy companies as well as academic researchers. Through a combination of financial theory and practical real-world applications, this book covers the shifting landscape and shows readers what to expect and why this financially peculiar industry does what it does.Derek W. Bunn (London, UK) is Professor of Decision Science at London Business School and a world expert on electricity market reform and market abuse.