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Modeling electricity markets
- By Michel Verschuere
- Published 09/27/2007
- Price modeling
- Unrated
Michel Verschuere
After completing two years of technical engineering at the Hogeschool West-Vlaanderen, I studied Physics at the K.U.Leuven, graduating in 1999. I became a research assistant of the Belgian National Fund for Scientific Research (FWO-Vlaanderen). I obtained my PhD degree in Physics at K.U.Leuven, Institute for Theoretical Physics on January 27th, 2003 under supervision of Prof. C. Maes (Mathematical Physics Section). Between February 2003 until February 2004, I've been a guest researcher at the Institute of Financial and Actuarial Mathematics of the Technical University in Vienna, under supervision of Dr. Josef Teichmann. From March until December 2004, I've worked as a Risk Analyst for Luminus N.V., a natural gas and power supplier in Flanders. In January 2005, I became Pricing Manager with VERBUND - Austrian Power Trading AG in Vienna.
View all articles by Michel VerschuereOverview:
1. Electricity as a commodity
2. A deregulated market for power
3. Case study: the NordPool power exchange
4. Physical properties of spot prices
5. Mathematical models for spot prices
6. Pricing power derivatives
7. Conclusions
