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Mathematical modelling and risk management in deregulated electricity markets
In this thesis we aim to explore how electricity generation companies cope with the transition to a competitive environment in a newly deregulated electricity industry. Analyses and discussions are generally performed from the perspective of a Generator/Producer, otherwise they are undertaken with r...
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| Format: | Thesis |
| Language: | English |
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Department of Statistical Sciences
2016
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| _version_ | 1867613249434812416 |
|---|---|
| access_status_str | Open Access |
| author | Davis, Stephen |
| author2 | Stewart, Theodor J |
| author_browse | Davis, Stephen Stewart, Theodor J |
| author_facet | Stewart, Theodor J Davis, Stephen |
| author_sort | Davis, Stephen |
| collection | Thesis |
| description | In this thesis we aim to explore how electricity generation companies cope with the transition to a competitive environment in a newly deregulated electricity industry. Analyses and discussions are generally performed from the perspective of a Generator/Producer, otherwise they are undertaken with respect to the market as a whole. The techniques used for tackling the complex issues are diverse and wide-ranging as ascertained from the existing literature on the subject. The global ideology focuses on combining two streams of thought: the production optimisation and equilibrium techniques of the old monopolistic, cost-saving industry and; the new dynamic profit-maximising and risk-mitigating competitive industry. Financial engineering in a new and poorly understood market for electrical power must now take place in conjunction with - yet also constrained by - the physical production and distribution of the commodity. |
| format | Thesis |
| id | oai:open.uct.ac.za:11427/19139 |
| institution | University of Cape Town (South Africa) |
| language | eng |
| last_indexed | 2026-06-10T12:33:08.525Z |
| license_str | Not specified — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from UCTD — University of Cape Town Open Access Repository |
| publishDate | 2016 |
| publishDateRange | 2016 |
| publishDateSort | 2016 |
| publisher | Department of Statistical Sciences |
| publisherStr | Department of Statistical Sciences |
| record_format | dspace |
| source_str | UCTD — University of Cape Town Open Access Repository |
| spelling | oai:open.uct.ac.za:11427/19139 Mathematical modelling and risk management in deregulated electricity markets Davis, Stephen Stewart, Theodor J Operations Research In this thesis we aim to explore how electricity generation companies cope with the transition to a competitive environment in a newly deregulated electricity industry. Analyses and discussions are generally performed from the perspective of a Generator/Producer, otherwise they are undertaken with respect to the market as a whole. The techniques used for tackling the complex issues are diverse and wide-ranging as ascertained from the existing literature on the subject. The global ideology focuses on combining two streams of thought: the production optimisation and equilibrium techniques of the old monopolistic, cost-saving industry and; the new dynamic profit-maximising and risk-mitigating competitive industry. Financial engineering in a new and poorly understood market for electrical power must now take place in conjunction with - yet also constrained by - the physical production and distribution of the commodity. 2016-04-22T13:37:29Z 2016-04-22T13:37:29Z 2005 Master Thesis Masters MSc http://hdl.handle.net/11427/19139 eng application/pdf Department of Statistical Sciences Faculty of Science University of Cape Town |
| spellingShingle | Operations Research Davis, Stephen Mathematical modelling and risk management in deregulated electricity markets |
| thesis_degree_str | Master's |
| title | Mathematical modelling and risk management in deregulated electricity markets |
| title_full | Mathematical modelling and risk management in deregulated electricity markets |
| title_fullStr | Mathematical modelling and risk management in deregulated electricity markets |
| title_full_unstemmed | Mathematical modelling and risk management in deregulated electricity markets |
| title_short | Mathematical modelling and risk management in deregulated electricity markets |
| title_sort | mathematical modelling and risk management in deregulated electricity markets |
| topic | Operations Research |
| url | http://hdl.handle.net/11427/19139 |
| work_keys_str_mv | AT davisstephen mathematicalmodellingandriskmanagementinderegulatedelectricitymarkets |