This master thesis deals with the risks of electricity trading, as well as its monitoring and hedging. The goal is the credit risk assessment of the electricity traders from bank or other financial institution perspective. The theoretical part describes the market itself including current liberalization process and the principles of electricity trading. Further there is a description of potential risks and the examples of possible hedging using derivatives. The practical part identifies the main risks of a concrete example of an electricity trader and quantifies the expected loss from the creditor perspective using the examples of two financial markets products.
| Identifer | oai:union.ndltd.org:nusl.cz/oai:invenio.nusl.cz:150247 |
| Date | January 2012 |
| Creators | Garšicová, Beata |
| Contributors | Brůna, Karel, Skoupil, Lubomír |
| Publisher | Vysoká škola ekonomická v Praze |
| Source Sets | Czech ETDs |
| Language | Czech |
| Detected Language | English |
| Type | info:eu-repo/semantics/masterThesis |
| Rights | info:eu-repo/semantics/restrictedAccess |
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