The forward curve dynamics in the Nordic electricity market is examined. Six years of price
data on futures and forward contracts traded in the Nordic electricity market are analysed. For …

In this article, we propose a method of computing a smooth curve from observed forward
prices with settlement over a period. We consider the electricity market, where such contracts …

The purpose of this paper is to investigate the forward curve dynamics in an electricity
market. Six years of price data on futures and forward contracts traded in the Nordic electricity …

We conduct an explorative analysis of the risk premium in the Nordic power market. From
our theoretical model of an electricity market, we define the risk premium as the conditional …

In this paper we analyse flexible load contracts (FLC), a type of "swing" option. This contract
type has existed in energy markets for a long time and has proved to be challenging to value…

Results 6.1 Results from the case. 6.1. 1 Results 1997-2002. 6.1. 2 A closer look'" 6.2
Analyzing properties of a FLC. 6.2. 1 Pricing.

Financial decisions and pricing of assets are often based on process models in continuous
time. However, the data analysis of financial time series is typically based on either discrete …

In this paper we derive a method for calculating a continuous forward curve in an electricity
market. Since forward and future contracts in electricity markets have settlement periods …

… Apart from being an enthusiastic source of information on the market, Fridthjof Ollmar has
been the co-author on a scientific paper with us (resulting in Ch. 7) and provided electricity …

In recent years there appeared some organized markets for forward contracts and options
on these contracts. In this paper we review shortly the organization of trade on a centralized …