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...

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Bibliographic Details
Main Authors: Takuji Matsumoto, Yuji Yamada
Format: Article
Language:English
Published: MDPI AG 2023-03-01
Series:Energies
Subjects:
Online Access:https://www.mdpi.com/1996-1073/16/7/3112