Article ID Journal Published Year Pages File Type
706169 The Electricity Journal 2011 12 Pages PDF
Abstract

Even with conservative assumptions, a statistical model indicates that speculators account for a significant share of transactions and profits in the Midwest Independent System Operator FTR auction market. While the large speculator profits are potentially concerning, the study also lends some credence to the argument that speculators confer useful liquidity benefits.

Related Topics
Physical Sciences and Engineering Energy Energy Engineering and Power Technology
Authors
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