New from KYOS: hourly price forward curves for CEE Region. Via the dedicated website www.pricecurves.com detailed price curves can be downloaded for Slovak, Hungarian and Romanian power.
KYOS report: Use renewable production information for a green price forward curve
In this report we study the effect of renewable power production on the intra-day shapes in Germany. The analysis shows that green production is an important component. Furthermore, the report shows that the sensitivity to renewables varies per hour and weekday.
GasTerra storage 2014 valuation
GasTerra Storage offers virtual gas storage capacities in the Netherlands. For the third year in a row, KYOS performed an independent valuation of this product. For this we used our gas storage modellig software KyStore. GasTerra Storage 2014 – summary report We valued GasTerra storage for 2014 at 3.04 Euro per SBU. The increase of… Read more »
White paper: How to effectively hedge the value of a power station
Operators of power stations try to maximize the income from their assets. Power plant valuation models aim to predict the total value that can be made in a future time period. With delta hedging, this value can partly be locked.
GasTerra storage value 2013
KyStore software valuates GasTerra virtual gas storage capacities for second auction 2013/2014 capacity. Standard Bundled Unit (SBU) is estimated to be €2.83 (assuming 0% interest costs). This is 1.17 lower than estimated in November, and even 5.00 € lower than February last year.
ET: How renewables shape the future in Germany
In 2012, the German capacity of solar energy passed the 32 GW mark. Together with the growth in wind power generation, this has depressed market prices. In this article, we take a detailed look at how this is further going to shape future price levels
White paper: Guidelines for valuation of real options in energy markets
To improve power plant hedging decisions, a range of methodologies is available for forward curve building, Monte Carlo simulation, (stochastic) dynamic programming, and least-squares Monte Carlo. This document describes the main methodologies and provides a few tests for their quality, particularly focusing on power plants.
Gazprom Storage 2014
In 2014, we made a valuation of Gazprom storage – the virtual VHP-NCG storage offering. Gazprom is Russia’s largest natural gas exporter. With our gas storage modelling software KyStore, we performed an independent analysis of the value of Gazprom’s virtual storage. Summary Report Gazprom Storage (VHP-NCG) Via an auction arranged by Store-x, Gazprom offers virtual… Read more »
GasTerra virtual gas storage value 2013/2014
GasTerra Storage offer virtual gas storage in the Netherlands. With our KyStore software we performed an independent analysis of the value of this storage. GasTerra storage 2013/2014 auction: report summary We analyzed the auction as arranged by APX-Endex. The auction will take place on 28 November 2012, and will sell the capacity for 2013/2014. Based… Read more »
Report: active trading strategy to realize value with a gas storage in a difficult market
The years 2010 and 2011 have been a challenging period for many storage operators. The authors of the following article, Marcus Nossman, Cyriel de Jong, Hans van Dijken show that an active trading strategy is important. With this it is possible to achieve a substantial premium income from your storage facility. Even in challenging times! Article summary:… Read more »