Improving the Efficiency of Hedge Trading Using Higher-Order Standardized Weather Derivatives for Wind Power
Since the future output of wind power generation is uncertain due to weather conditions, there is an increasing need to manage the risks associated with wind power businesses, which have been increasingly implemented in recent years. This study introduces multiple weather derivatives of wind speed a...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
MDPI AG
2023-03-01
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Series: | Energies |
Subjects: | |
Online Access: | https://www.mdpi.com/1996-1073/16/7/3112 |