Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
706083 | The Electricity Journal | 2013 | 17 Pages |
Abstract
This article describes the economics of market manipulation using an applied electricity market construct: using virtual bids in conjunction with FTRs. The model was applied in the Federal Energy Regulatory Commission's case against Constellation Energy Commodities Group and is applicable to a variety of cases alleging the use of uneconomic trading to trigger a manipulation, such as those alleged against JP Morgan, Deutsche Bank and Barclays.
Related Topics
Physical Sciences and Engineering
Energy
Energy Engineering and Power Technology
Authors
Shaun D. Ledgerwood, Johannes P. Pfeifenberger,