Povh, Martin; Fleten, Stein-Erik - Volkswirtschaftliche Fakultät, … - 2009
In contrast to forwards and futures on storable commodities, prices of long-term electricity forwards exhibit a … dynamics different to that of short-term and mid-term prices. We model long-term electricity forward prices through demand and … supply for electricity, adjusted with a risk premium. Long-term prices of electricity, oil, coal, natural gas, emission …