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Podcast: Podcasts - Oxford Institute for Energy Studies
Episode: OIES Podcast – Hedging and Tail Risk in Electricity Markets
Description: In this latest OIES podcast from the Electricity Programme, Dimitra Apostolopoulou talks to OIES Visiting Research Fellow Farhad Billimoria about his latest paper co-authored with Rahmat Poudineh and Jacob Mays titled "Hedging and Tail Risk in Electricity Markets". A concern persistent in current electricity market designs has been the sufficiency of hedge markets and the capability to secure long-term contracts to underpin investment in capital-intensive generation plants. In this podcast we discuss the factors leading to these missing markets; such as retailer creditworthiness, market structure and the lack of demand side interest from consumers. We stress the key insight...