Showing 1 - 10 of 297
European climate and energy policy will have a great impact on the European and Polish energy markets. Moreover, it … strategic measures, especially on the governmental level. EU climate and energy policy also entails sizeable investment … requirements and places important demands on the modernization programme for the energy sector. This spells the need to develop …
Persistent link: https://www.econbiz.de/10009372618
The paper is concerned with the empirical modelling of domestic demand for energy in the United Kingdom at the level of …-stage budgeting model of the household's demand for energy conditional on its ownership of durables. Preferences at both stages of the …, electricity and a composite good, "other fuels". This composite good is subject to such large measurement errors in the data set …
Persistent link: https://www.econbiz.de/10005497752
This paper is an attempt to interrogate and examine the unstoppable short fall of energy which has been paralyzing the … is a vast difference between the actual demand and actual supply of energy i.e. energy shortfall for the various segments … unit price of energy use for both the households and industries. …
Persistent link: https://www.econbiz.de/10011111801
electricity markets. We therefore investigate producer behavior in the context of electricity pricing with respect to fundamental … lack of appropriate available data. Applying an analytical model of a day-ahead electricity market, we derive work-on rates …, which provide information about the impact of TMC variations on electricity prices in the market constellations of perfect …
Persistent link: https://www.econbiz.de/10005623379
across african countries is important to understanding the process of economic development. And whereas, energy is linked … with the capacity to perform, the rate at which energy is consumed for the acceleration of the pace of socio …)will be a function of the extent to which its energy(power) resources are developed and utilised. This paper therefore argued …
Persistent link: https://www.econbiz.de/10005787174
Electric and natural gas are the two major sources of energy for residents of Washington State. Several states have … resources such as electricity and gas that are not captured by market prices. Washington State possesses diverse resources that … are susceptible to wastes and emissions originating from the consumption of energy. The impact of these wastes could be …
Persistent link: https://www.econbiz.de/10005789245
This paper estimates the foreign exchange rate exposure of 6,917 U.S. nonfinancial firms on the basis of stock prices and corporate cash flows. The results show that several firms are significantly exposed to at least one of the foreign exchange rates Canadian Dollar, Japanese Yen and Euro, and...
Persistent link: https://www.econbiz.de/10005836323
stakeholder groups’ interests. A study of the use of hedging instruments in 161 Polish non-financial listed companies is then … determine relationships between the hedging decision and financial standing of companies. However, company size is proved to be … the only significant factor for a hedging decision. The implications of these findings and new research questions are …
Persistent link: https://www.econbiz.de/10005837109
will allocate cash flows into cash holdings if their hedging needs are high (i.e., if the correlation between operating … if their hedging needs are low. The empirical examination of debt and cash policies of a large sample of firms reveals … hedging needs have a strong propensity to save cash out of cash flows while leaving their debt positions unchanged. In …
Persistent link: https://www.econbiz.de/10005124183
Using a sample of 6,888 non-financial firms from 47 countries, we examine the effect of derivative use on firms’ risk … the use of financial derivatives reduces both total risk and systematic risk. The effect of derivative use on firm value … could account for the mixed evidence in the literature on the effect of hedging on firm value. …
Persistent link: https://www.econbiz.de/10005617030