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Since the late 90s,, European industries of electricity and gas have been subject to a process of concentration at both horizontal and vertical levels. At first glance, this consolidation is quite natural since, on the one hand, the application of European directives to open to competition has...
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The international energy environment is full of uncertainties. However, the aggravation of global warming and the stagnation of climate geopolitics reinforce the urgency for action and the development of adaptation policies. Europe has set up a long term energy vision which is very responsible...
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We propose a joint modeling of spot electricity prices, forwards prices and other derivative prices, using recent developments in discrete time asset pricing methods based on the notions of stochastic discount factor and of compound autoregressive (or affine) stochastic processes. We show that...
Persistent link: https://www.econbiz.de/10010861561
L'ouverture à la concurrence des marchés européens de l'électricité et du gaz - dont la deuxième étape commence le Ier juillet - intéresse surtout les grosses et moyennes entreprises, pour lesquelles l'achat d'énergie devient une source potentielle de réduction des coûts. En ce qui...
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This joint report by the International Energy Agency (IEA) and the OECD Nuclear Energy Agency (NEA), is the seventh in a series of studies on electricity generating costs. It presents the latest data available for a wide variety of fuels and technologies, including coal and gas (with and without...
Persistent link: https://www.econbiz.de/10011072117
Sur la demande de l’Union française d’électricité (UFE), Jan Horst Keppler, Professeur d’économie à l’Université Paris - Dauphine, et Régis Bourbonnais, Maître de conférences à l’Université Paris - Dauphine et spécialiste en économétrie, ont entrepris une série de tests...
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