Energy companies need to value and manage risks in their portfolios. To achieve this, advanced analytical models are key. Is your company using an in-house developed model? If the answer is yes, are you aware of the risk that your model may be biased?
KYOS calculated that in the German market the speed of cointegration between power and fuel prices increased. This is contrary to the common belief that power prices become less dependent on fuel prices due to the renewables penetration.