Aram Sogomonian

Learn More
This paper presents and applies a methodology for valuing electricity derivatives by constructing replicating portfolios from electricity futures and the risk free asset. Futures based replication is argued to be made necessary by the non-storable nature of electricity, which rules out the traditional spot market , storage-based method of valuing commodity(More)
Description: This multi-author title that focuses on both the fundamentals of real options, and the very latest practical approaches for their application in the energy industry.-Designed to specifically aid valuation and investment decision-making within the energy industry-Brings together the leading practitioners, consultants and academics from the(More)
  • 1