re : abstract thanks
vince . this is good but i also need a title . it would be good if you can as
part of the talk present an example of a technical problem addressed by your
group describing the problem and the general methodology employed or
developed . you can also start with an introduction about your organization
and the program .
shmuel
shmuel s . oren , professor
dept . of industrial engineering
and operations research
4117 etcheverry hall
university of california
berkeley , ca 94720 - 1777
e - mail : oren @ ieor . berkeley . edu
phone : ( 510 ) 642 - 1836 or 5484
fax : ( 510 ) 642 - 1403
- - - - - original message - - - - -
from :
to :
cc : ;
sent : monday , october 02 , 2000 6 : 44 am
subject : abstract
> shmuel ,
>
> this is the abstract for my presentation on the 23 rd of october .
> i am in london and paris this week . i can be reached at my
> private e - mail address vkaminski @ aol . com .
>
> please , feel free to suggest modifications to the abstract .
>
>
>
> vince
>
>
> * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *
>
> > the last three years were characterized by exceptionally high volatility
> of
> > the power prices in the us markets . the market developments have created
> a
> > number of unique challenges for energy industry economists . one
immediate
> > question we have to answer is how to measure volatility of energy
prices .
> > although we can all agree that the prices in the power markets are
> > characterized by high variability , the traditional measures used in
> financial
> > economics ( annualized standard deviation of log price returns ) may not
> fit
> > well electricity prices . the second challenge is to explain the sources
> of
> > high price volatility and to answer the question to what extent it can
be
> > attributed to problems that can be addressed in the long run . such
> problems
> > include flaws in market design that allow some market participants to
> abuse
> > market power , limited availability and / or unequal access to
transmission ,
> > temporary shortages of generation capacity . some factors underlying high
> > volatility of electricity prices may be of permanent nature and may be a
> > necessary price to pay for increased market efficiency and expanded
> customer
> > choice .
>
>
re : abstract
thanks
vince . this is good but i also need a title . it would be good if you can as
part of the talk present an example of a technical problem addressed by your
group describing the problem and the general methodology employed or
developed . you can also start with an introduction about your organization
and the program .
shmuel
shmuel s . oren , professor
dept . of industrial engineering
and operations research
4117 etcheverry hall
university of california
berkeley , ca 94720 - 1777
e - mail : oren @ ieor . berkeley . edu
phone : ( 510 ) 642 - 1836 or 5484
fax : ( 510 ) 642 - 1403
- - - - - original message - - - - -
from :
to :
cc : ;
sent : monday , october 02 , 2000 6 : 44 am
subject : abstract
> shmuel ,
>
> this is the abstract for my presentation on the 23 rd of october .
> i am in london and paris this week . i can be reached at my
> private e - mail address vkaminski @ aol . com .
>
> please , feel free to suggest modifications to the abstract .
>
>
>
> vince
>
>
> * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *
>
> > the last three years were characterized by exceptionally high volatility
> of
> > the power prices in the us markets . the market developments have created
> a
> > number of unique challenges for energy industry economists . one
immediate
> > question we have to answer is how to measure volatility of energy
prices .
> > although we can all agree that the prices in the power markets are
> > characterized by high variability , the traditional measures used in
> financial
> > economics ( annualized standard deviation of log price returns ) may not
> fit
> > well electricity prices . the second challenge is to explain the sources
> of
> > high price volatility and to answer the question to what extent it can
be
> > attributed to problems that can be addressed in the long run . such
> problems
> > include flaws in market design that allow some market participants to
> abuse
> > market power , limited availability and / or unequal access to
transmission ,
> > temporary shortages of generation capacity . some factors underlying high
> > volatility of electricity prices may be of permanent nature and may be a
> > necessary price to pay for increased market efficiency and expanded
> customer
> > choice .
>
>