markets is presented. Interaction between put option and day-ahead markets, uncertainty in fuel price, impact of premium bounds, and elasticity of consumers to strike price, premium price, and day-ahead price are taken into account in this model. Then, a...

n this paper, the impacts of strike and premium prices of put option contracts on put option and day-ahead elec- tricity markets are studied. To this end, first a comprehensive equi- librium model for a joint put option and day-ahead markets is pre...

In this paper, impacts of day-ahead market pricing on behavior of producers and
consumers in option and day-ahead markets and on option pricing are studied. To this end,
two comprehensive equilibrium models for joint put option...