Implementing Weather Derivatives as Weather Related Risk Management Tool for China's Electricity Supply Industry
Yu, Bin (2008) Implementing Weather Derivatives as Weather Related Risk Management Tool for China's Electricity Supply Industry. [Dissertation (University of Nottingham only)] (Unpublished)
This research is an ex-ante study of necessity, methodology and possibility of implementing weather derivatives to manage weather related risks for ChinaÃ�Â¢Ã�Â�Ã�Â�s reforming electricity supply industry. ChinaÃ�Â¢Ã�Â�Ã�Â�s electricity supply industry is facing considerable potential weather risks. The demand risk faced by the industry is clearly related to temperature movement; and its supply capability is related to rainfall amount in a long run, which is statistically difficult to be proved.
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