Electricity and Natural Gas Pricing
Electricity and Natural Gas Pricing
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电力和天然气定价
DOI:
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发表时间:
2008
期刊:
影响因子:
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通讯作者:
M. Wobben
中科院分区:
文献类型:
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作者:
M. Janssen;M. Wobben
The increasing liberalization of electricity and natural gas markets has given way to a new set of responsibilities. These are more complex than in other markets due to the energy carriers’ unique characteristics such as the reliance on a stable supply infrastructure and limited and costly storage opportunities. Above all, retailers such as Stadtwerke have outsourced their trading and risk-management activities to centralized energy trade companies in order to more eciently manage not only their sales and acquisitions portfolios but also their core activities - physically supplying end users with electricity and gas. In consideration of these factors, the authors were contracted by the West Energy Trade, LLC (ehw) to compile a report on the structure of electricity and natural gas pricing mechanisms, on determining factors in gas and electricity markets and on the development of 2007 prices. This article is an overview of said report.