【作者】 王海霞；

【导师】 乞建勋；

【作者基本信息】 华北电力大学（北京） ， 技术经济及管理， 2008， 硕士

【摘要】 随着电力市场的快速发展和风险管理的需要,电力市场迫切需要引入一种新的工具来管理风险,从而减小电价的波动,进而降低了电价风险。期货正是这样一种管理风险的工具。国外已有不少成功引入电力期货的先例,而且我国也有了建立电力期货市场的平台。所以,我国引入电力期货非常必要,同时也是可行的。本文使用CVaR法对从某电力市场引入电力期货前后电力公司毛利润对比分析验证了我国引入电力期货的可行性。在此基础上通过总结分析国外电力期货合约,从分析期货市场的投资主体入手,设计出适合我国国情发展、降低电价波动带来的市场风险、同时能吸引众多市场参与者的电力期货合约。更多还原

【Abstract】 With the rapid development of electricity market and the needs of risk management, it is very necessary to introduce a new tool for the electricity market. In this case, risk is managed, and the fluctuations of electricity price are decreased by use of the new tool. Futures are such tools and electricity futures have been applied to many countries successfully and China’s electricity market has been set up a stadium-like building for electricity futures. It’s necessary and feasible to introduce electricity futures to China.After analyzing feasibility of China’s electricity futures by CVaR, the thesis designs electricity futures contract which should suits China’s condition, cuts down the market risk of the electricity price’s fluctuation, and attracts the partners by summarizing and analyzing the foreign electricity futures contracts and China’s futures market.更多还原