This paper studies volumetric risk hedging strategies for solar power under incomplete market settings with a twofold proposal of temperature-based and solar power generation-based models for solar power derivatives and discusses the basis risk arising from solar power volumetric risk hedge with...

The tax-interaction effect is, arguably, a lynchpin in the modern apparatus substantiating a trade-off between economic efficiency and environmental quality. In recent years, it has come into particular focus in discussions of climate policy, meriting mention inside and outside of academia....

This paper examines the risk and return profiles of energy companies with renewable energy (RE) investment in developing countries taking the Philippines as our country case study. First, we analyze the impact of the global RE project specific risk and country risk on RE projects using a simple...