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| Topic: |
Technology
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| Number of pages / Number of words: |
3 / 611 |
Essay's paper body
Thus, a deregulated energy sector involves three types of activities: generation, transmission and ancillary services [6].
In different markets, these three activities are implemented differently with the only common feature being the existence of an Independent System Operator (ISO) whose role is to oversee and maintain the system, (either under its full control or through bilateral contracts) [6]...
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Audet N., Heiskanen P., Keppo J. and Vehvilainen I., (2002): Modelling of electricity forward curve dynamics in the Nordic Market, Modelling Prices in Competitive Electricity Markets (edited by D. W. Bunn), Willey Series in Financial Economics (2004).
2. Barlow M. T., (2002): A diffusion model for electricity prices, Mathematical Finance, 12: 287-298...
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