WASET
	%0 Journal Article
	%A Aparna Viswanath
	%D 2015
	%J International Journal of Energy and Power Engineering
	%B World Academy of Science, Engineering and Technology
	%I Open Science Index 97, 2015
	%T Overview of Risk Management in Electricity Markets Using Financial Derivatives
	%U https://publications.waset.org/pdf/10000205
	%V 97
	%X Electricity spot prices are highly volatile under
optimal generation capacity scenarios due to factors such as nonstorability
of electricity, peak demand at certain periods, generator
outages, fuel uncertainty for renewable energy generators, huge
investments and time needed for generation capacity expansion etc.
As a result market participants are exposed to price and volume risk,
which has led to the development of risk management practices. This
paper provides an overview of risk management practices by market
participants in electricity markets using financial derivatives.

	%P 116 - 120