Financial Engineering for Physical Energy Markets : Quantitative Modeling of Grid Arbitrage and Power Systems

Language: English

Published by Amazon Digital Services LLC - Kdp Aug 2026, 2026

9798194314942

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Seller: AHA-BUCH GmbH, Einbeck, GermanyAHA-BUCH GmbH

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Softcover

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Neuware - Reactive PublishingAs renewable energy penetration accelerates and power grids become increasingly volatile, the traditional boundaries between financial trading and physical power engineering are disappearing.Financial Engineering for Physical Energy Markets: Quantitative Modeling of Grid Arbitrage and Power Systems is a definitive guide that bridges the gap between quantitative finance and electrical engineering. It provides readers with the mathematical tools, market frameworks, and algorithmic strategies necessary to navigate, model, and profit from the complexities of modern electricity grids.Unlike standard quantitative finance texts that focus strictly on liquid paper markets, this book grounds its financial models in the physical realities of the grid. It tackles the unique challenges of electricity, a commodity that cannot be easily stored and must be consumed the moment it is generated, by incorporating transmission constraints, ramp rates, battery degradation, and thermodynamics directly into financial valuation.Readers will learn how to build robust stochastic models to price complex energy derivatives and optimize physical assets like utility-scale battery storage, pump-hydro facilities, and flexible generation plants.What You Will Learn: - Grid Arbitrage Optimization: Master the quantitative frameworks for dispatching energy storage and flexible load to capture spatial (nodal pricing) and temporal (day-ahead vs. real-time) market spreads.- Stochastic Modeling: Apply advanced stochastic calculus, jump-diffusion models, and Monte Carlo simulations to accurately capture the extreme volatility, price spikes, and mean-reverting behavior unique to power markets.- Physical Asset Valuation: Learn real options valuation techniques for power infrastructure, treating physical generation plants and batteries as complex, multi-exercise financial derivatives.- Grid Fundamentals for Quants: Understand how Optimal Power Flow (OPF), unit commitment, and physical transmission constraints directly dictate financial pricing and locational marginal prices (LMPs).- Advanced Risk Management: Develop robust hedging strategies for physical and financial exposures in highly volatile, heavily constrained nodal markets.Who This Book Is For: This text is designed for quantitative analysts, energy traders, risk managers, and financial engineers operating in power and commodities markets. It also serves as an invaluable resource for power system engineers, data scientists, and graduate students seeking to understand the financial and economic mechanisms driving the global energy transition.…

Seller Inventory # 9798194314942

Title
Financial Engineering for Physical Energy Markets : Quantitative Modeling of Grid Arbitrage and Power Systems
Author
Hayden van der Post
Publisher
Amazon Digital Services LLC - Kdp Aug 2026
Publication year
2026
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 13
9798194314942
Item weight
603 grams
Dimensions
229x152x32 mm

AHA-BUCH GmbH

Einbeck, Germany

5-star seller

AbeBooks seller since August 14, 2006

Shipping rates from Germany to U.S.A.

Item7 to 10 business days5 to 7 business days
First itemUS$ 39.32US$ 50.55
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Das Unternehmen AHA-BUCH GmbH: Seit der Gründung von AHA-BUCH im Juli 2005 ist unser Hauptziel, zufriedenen Kunden so schnell und so preisgünstig wie möglich ihren Bücherwunsch zu erfüllen. Unsere Firma beschäftigt 16 Mitarbeiter, die nur ein Ziel kennen: den Kunden und seine Wünsche! Auf über 3700 m2 Fläche haben wir über 100.000 Bücher, Modernes Antiquariat und Spiele auf Lager.

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AHA-BUCH GmbH

Garlebsen 48
Einbeck, Germany 37574