Chapter 5. Arbitrage in Electricity Markets
Published Online: 15 MAY 2002
Copyright © 2002 John Wiley & Sons, Inc.
Market Operations in Electric Power Systems: Forecasting, Scheduling, and Risk Management
How to Cite
Shahidehpour, M., Yamin, H. and Li, Z. (2002) Arbitrage in Electricity Markets, in Market Operations in Electric Power Systems: Forecasting, Scheduling, and Risk Management, John Wiley & Sons, Inc., New York, USA. doi: 10.1002/047122412X.ch5
- Published Online: 15 MAY 2002
- Published Print: 3 APR 2002
Print ISBN: 9780471443377
Online ISBN: 9780471224129
- electricity markets;
- power market
This chapter presents arbitrage in the general sense, and then discusses arbitrage opportunities in power markets. The two specific types of arbitrage opportunity that are considered in a power market include same-commodity arbitrage and cross-commodity arbitrage. Cross-commodity arbitrage in a power market is the subject of this chapter and is discussed in detail. Examples are presented to illustrate how arbitrage can be realized in this market.