Does anyone happen to have "Modelling locational price spreads in competitive electricity markets; applications for transmission rights valuation and replication" by Skantze, Ilic and Gubina?I would really appreciate a copy of this paper or any insight into how useful it is before I'll stop being Mr. Screwdge and buy it on-line for $30. Is it close in content to "Bid-based Stochastic Model for Electricity Prices: The Impact of Fundamental Drivers on Market Dynamics" by the same authors?Thank you.V

No but maybe this will save you a few cents.Robinson Sara 'Math Model Explains High Prices in Electricity Markets' SIAM News Oct. 2005Roncoroni Andrea, Helyette Geman 'A Class of Marked Point Processes for Modelling Electricity Prices' Bachelier conference 2002Lucia Julio, Edwardo Schwartz 'Electricity Prices & Power Derivatives:Evidence from the Nordic Power Exchange' R. Derivatives Research V5 2002Longstaff Francis, Ashley Wang 'Electricity Forward Prices: A High-Frequency Empirical Analysis' JofF 8/04Kluge Tino 'Pricing Options in Electricity Markets' Bachelier Conference 2004Keppo Jussi 'Pricing of Electricity Swing Options' J. Derivatives Spring 04Joskow Philippe 'Restructuring Competition & Regulatory Returns in the US Electricity Sector' J. Econ Persp. Summer 97Hinz Juri, Lutz Von Grafenstein, Michel Verschuere, Martina Wilhelm 'Pricing Electricity Risk By Interest Rate Methods' QF 2/05Hinz Juri 'Modelling Day-Ahead Electricity Prices' Applied Math. Fin 6/03Geman Helyette, Oldrich Vasicek 'Plugging into Electricity' RISK 08/01Geman Helyette, Andrea Roncoroni 'Understanding the Fine Structure of Electricity Prices' JofB 5/06Eydeland Alexander 'Computational Challenges in Energy Derivatives' Fields lecture 3/02 Eydeland Alexander 'Pricing Power Derivatives' 1/98 [options-energy] Eydeland Alexander, Helyette Geman 'Pricing Power Derivatives' <energy,electricity> RISK 10/98 Eydeland Alexander, Helyette Geman 'Some Fundamentals of Electricity Derivatives' 7/98Bessembinder Hendrik, Michael Lemmon 'Gains from Trade Under Uncertainty: The Case of Electric Power Markets' JofBusiness 7/06 Bessembinder Hendrik, Michael Lemmon, 'Equilibrium Pricing and Optimal Hedging in Electricity Forward Markets' JofF 6/02Benth Fred, Lars Dahl, Kenneth Karlsen 'Quasi Monte-Carlo Evaluation of Sensitivites of Options in Commodity & Energy Markets' Inter. J. Theoretical & Applied Finance 12/03 Benth Fred, Steen Koekebakker, Jurante Saltyte-Benth 'Modelling Of Spot And Futures Contracts In Markets For Electricity And Weather' Bachelier Conference 2004 Barone-Adesi Giovanni 'Electricity Derivatives'Barlow Martin 'A Diffusion Model for Electricity Prices 'MF Oct/02 Barlow Martin, Yuri Gusev, Manpo Lai 'Calibration Of Multifactor Models In Electricity Markets' Internation. J. Theo. & App. Finance 3/04Anderson Edward, Huifu Xu 'Nash equilibria in electricity markets with discrete prices'Math. of OR 10/04 Anderson Edward, Huifu Xu 'Necessary & Sufficient Conditions for Optimal Offers in Electricity Markets'SIAM J. Control & Opt. 2002 Anderson Edward, Huifu Xu 'VarEpsilon-Optimal Bidding in an Electricity Market with Discontinuous Market Distribution Function' SIAM J. Control & Opt. 11/05

Thanks a lot, jfuqua!I actually happen to have most of these papers but some I don't. I also find Eydeland's book quite useful. The reason Stanze's paper attracted my attention is because of Transmission rights valuation applications (i think the model they use is still the same as in the other paper). By any chance, have u come across any other papers with transmission rights applications?Best,V

The paper you want is at:http://lfee.mit.edu/public/el00-004.pdfGoogle turned it up right away. You might search Google more.

Hmm... I am dumb but not that dumb The paper I want is "Modelling locational price spreads in competitive electricity markets; applications for transmission rights valuation and replication". The one that you found I've already had (yep, Google pops this one up right away). I assume the model they propose in both papers is the same or very similar. But my biggest interest is in "applications for transmission rights valuation and replication" piece of it. But thanks for trying to help me, although at a deep discount to my basic Googling abilities

Some additional references :http://homepage.univie.ac.at/scharif.pu ... pt-energy/

No insult intended.

Thank you, Alexo.Do you know if they have any working papers on Transmission rights?V

No insult is taken I am one of 'uninsultable' breed)Plus, I actually appreciate that you looked for this paper for me.

there are some papers related to transmission here:http://www.energyonline.com/reports/reports.aspthough not sure how useful they are

Oh, for crying out loud,.....I believe here it is.

Alexo, the words fail to describe how grateful I am! I was about to buy this paper in the next half an hour and had no way of finding out how useful it can be. Thank you very very much!

No biggie, glad to help. Envy that you can work on such topics.