Abstract
With the new risk perception in financial markets, the use of derivative instruments has increased. In particular, energy derivatives, which are used to reduce the risks associated with energy price fluctuations, have been widely used worldwide and recently in Turkey. The objective of this paper is to contribute to the limited literature by analyzing the evolution of base load futures contracts traded in the Turkish electricity market. Based on a comprehensive literature review, a SWOT analysis is conducted to identify the strengths, weaknesses, opportunities and threats of these financial instruments. It is concluded that, especially after the radical restructuring of the electricity market, a transparent, reliable and competitive investment environment has been created and electricity futures contracts are now one of the most important contracts that help market participants to manage or hedge electricity price risks.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: Uluslararası İktisadi ve İdari İncelemeler Dergisi
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
