Handbook of Risk Management in Energy Production and Trading

Part I. Energy Markets

1. Energy Markets
Peter Gross, Raimund M. Kovacevic, Georg Ch. Pflug

2. Introduction to Price Models for Energy
Rita L. D’Ecclesia

3. Price Dynamics in Electricity Markets
Florentina Paraschiv

Part II. Optimal Decisions in Managing Energy Systems

4. Price-Driven Hydropower Dispatch Under Uncertainty
Martin Densing

5. On Cutting Plane Algorithms and Dynamic Programming for Hydroelectricity Generation
Andy Philpott, Anes Dallagi, Emmanuel Gallet

6. Medium-Term Operational Planning for Hydrothermal Systems
Raphael E. C. Gonçalves, Michel Gendreau, Erlon Cristian Finardi

7. Stochastic Optimization of Power Generation and Storage Management in a Market Environment
Andreas Eichhorn

8. Risk Measures in Multi-Horizon Scenario Trees
Adrian S. Werner, Alois Pichler, Kjetil T. Midthun, Lars Hellemo, Asgeir Tomasgard

9. Controlled Islanding as Robust Operator Response Under Uncertainty
A. Grothey, W. Bukhsh, K. I. M. McKinnon, P. A. Trodden

10. Complementarity and Game-Theoretical Models for Equilibria in Energy Markets: Deterministic and Risk-Averse Formulations
Juan Pablo Luna, Claudia Sagastizábal, Mikhail Solodov

11. Optimal Planning and Economic Evaluation of Trigeneration Districts
Maria Teresa Vespucci, Stefano Zigrino, Francesca Bazzocchi, Alberto Gelmini

12. Renewable Energy and Its Impact on Power Markets
David Wozabal, Christoph Graf, David Hirschmann

13. Copula-Based Hedge Ratios for Renewable Power Generation
Audun Nordtveit, Kim T. Watle, Stein-Erik Fleten

14. Investment in Stochastic Electricity-Production Facilities
Luis Baringo, Antonio J. Conejo

Part III. Pricing

15. Pricing of Energy Contracts: From Replication Pricing to Swing Options
Raimund M. Kovacevic, Georg Ch. Pflug

16. Energy Derivatives with Volume Controls
Fred Espen Benth, Marcus Eriksson

Part IV. Long Term and Political Risks

17. Risk Hedging Strategies Under Energy System and Climate Policy Uncertainties
Volker Krey, Keywan Riahi

18. Comparative Assessment of Accident Risks in the Energy Sector
Peter Burgherr, Stefan Hirschberg, Matteo Spada

Keywords: Economics/Management Science, Operation Research/Decision Theory, Energy Technology, Energy Economics