Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/81394
Authors: 
Lazarczyk, Ewa
Year of Publication: 
2013
Series/Report no.: 
IFN Working Paper 953
Abstract: 
This paper studies the impact of market specific news on the short-time forward premia on the Scandinavian electricity market. I show that the short time premia between the day-ahead and intra-day electricity prices on the Scandinavian market can be explained by the arrival of news specific to the power market. By exploring the types of news I indicate that production failures shape the premia. Production disruptions in coal-powered units are most frequent and have the greatest effect on the differences between the day-ahead and intra-day prices.
Subjects: 
Intra-day electricity market
Forward premia
Market specific news
Supply shocks
JEL: 
D40
G14
L94
Q40
Document Type: 
Working Paper

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