Detail publikačního výsledku

Analysis of Retail Electricity Prices in the Czech republic

CHMELAŘ, Š.; RADIL, L.

Originální název

Analysis of Retail Electricity Prices in the Czech republic

Anglický název

Analysis of Retail Electricity Prices in the Czech republic

Druh

Stať ve sborníku mimo WoS a Scopus

Originální abstrakt

This paper presents an in-depth analysis of retailelectricity prices in the Czech Republic, emphasizing theirvolatility and dependence on wholesale market mechanisms. Thestudy develops a computational model to estimate the compositionof wholesale electricity prices from the retail prices offeredby suppliers. The research incorporates historical price trends,various trading strategies, and market structures to evaluate thestability and sustainability of retail pricing. The practical part ofthis study applies MATLAB-based calculations to assess whetherelectricity suppliers are sufficiently hedged against market fluctuations,ensuring their ability to meet customer demands. Thefindings contribute to the understanding of electricity pricingstructures and highlight the importance of regulatory measuresin mitigating price volatility.

Anglický abstrakt

This paper presents an in-depth analysis of retailelectricity prices in the Czech Republic, emphasizing theirvolatility and dependence on wholesale market mechanisms. Thestudy develops a computational model to estimate the compositionof wholesale electricity prices from the retail prices offeredby suppliers. The research incorporates historical price trends,various trading strategies, and market structures to evaluate thestability and sustainability of retail pricing. The practical part ofthis study applies MATLAB-based calculations to assess whetherelectricity suppliers are sufficiently hedged against market fluctuations,ensuring their ability to meet customer demands. Thefindings contribute to the understanding of electricity pricingstructures and highlight the importance of regulatory measuresin mitigating price volatility.

Klíčová slova

bilateral trading, exchange trading, analysis ofwholesale electricity prices, electricity, business strategy, pricemodeling, regression analysis, market dynamics, HPFC curve,LAD analysis, Monte Carlo method

Klíčová slova v angličtině

bilateral trading, exchange trading, analysis ofwholesale electricity prices, electricity, business strategy, pricemodeling, regression analysis, market dynamics, HPFC curve,LAD analysis, Monte Carlo method

Autoři

CHMELAŘ, Š.; RADIL, L.

Vydáno

29.04.2025

Strany od

1

Strany do

5

Strany počet

5

BibTex

@inproceedings{BUT198196,
  author="Šimon {Chmelař} and Lukáš {Radil}",
  title="Analysis of Retail Electricity Prices in the Czech republic",
  year="2025",
  pages="1--5"
}