analyticalQ Contact Flexibility Decision Analysis

Table of Contents

1 Introduction
2 Definition of Flexibility
3 Valuing Flexibility
4 Applications of Flexibility
5 Decision Analysis
6 Option Pricing
7 Hybrid Valuation Methods
8 Life Decisions
9 Consumer Decisions
10 Energy Markets
11 Conclusions and Guidelines
Web Resources


Book based on my PhD and subsequent work experience.

Decision Making for Flexibility

by Anne Ku


Chapter 10
Energy Markets

As energy industries deregulate and liberalise to energy markets,

  • volume flexibility: options on usage (volume)
  • price flexibility: options on commodity (price)
  • multi-fuel choice

Copyright Anne Ku 2000