Risk assessment of energy transactions in wholesale electricity spot market of a generating company with bilateral contracts
The Electric Industry Reform Act (EPIRA) of 2001 created the Wholesale Electricity Spot Market (WESM) for trading electricity as a commodity. It was designed to promote competition to bring down the prices of electricity to a level that can be achieved through market forces. In a competitive market,...
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Format: | Thesis |
Language: | English |
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2008.
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