Dear Colleagues,

Power markets undergo changes to adapt to a green economy and meet the future energy demand. The mix of carbon-fueled production and nuclear and renewable energy makes the supply side dependent on other commodity markets (like gas and coal), and weather factors (like sun, wind, and precipitation). New risk management instruments are appearing in the market, such as wind futures, alongside with more traditional weather derivatives on temperature.

In this Special Issue, we focus on the stochastic modeling of the price formations in energy markets, including power, gas, and oil, together with the factors affecting these markets, like weather. Power are traded on day-ahead, intraday, and futures markets, where prices have different characteristics, and modeling faces different challenges. Risk management and optimization, including hedging and derivatives, are included as important aspects of energy market modeling. There is a particular interest in multivariate models taking into account the connections between various markets and factors, but also the high-dimensionality of forward curves. Further, novel use of machine learning techniques and analysis and development of algorithmic trading are relevant.

We welcome high-quality papers addressing one or more of the aspects presented above. Submitted papers will undergo the usual review process, after being selected based on relevance criteria for the Special Issue.

Prof. Dr. Fred Espen Benth
Guest Editor

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Risks is an international peer-reviewed open access monthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 1400 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

• Power markets
• intra-day, day-ahead, and futures
• Stochastic processes
• Derivatives Risk management
• Multivariate modeling