Jaeck, Edouard; Lautier, Delphine - Université Paris-Dauphine (Paris IX) - 2014
It is common to assert, in the literature on commodity derivative markets, that the behavior of futures prices is … case of electricity futures markets. Yet the non storability of this commodity raises interesting questions. Is the … electricity futures markets, worldwide, from 2009 to 2013: the German market, the NordPool, the Australian market and the PJM …