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Some statistical investigations on the nature and dynamics of electricity prices

✍ Scribed by G. Bottazzi; S. Sapio; A. Secchi


Publisher
Elsevier Science
Year
2005
Tongue
English
Weight
229 KB
Volume
355
Category
Article
ISSN
0378-4371

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## Abstract This article analyzes the relationship between electricity futures prices and natural‐gas futures prices. We find that the daily settlement prices of New York Mercantile Exchange's (NYMEX's) California–Oregon Border (COB) and Palo Verde (PV) electricity futures contracts are cointegrate