論電力期貨合約在電力市場中的價格風險規(guī)避作用.pdf

1、湖南大學碩士學位論文論電力期貨合約在電力市場中的價格風險規(guī)避作用姓名：文建明申請學位級別：碩士專業(yè)：工商管理指導教師：張玲2000.10.1AbstractWithDeepeningofthepowermanetreform，weimplementthepricecompetitionsystemandseparatethepowerplantfromdispatchingbureau，whichwillcausetheelectric

2、itypowerpricefluctuateviolentlythereforepowerplantswillfaceabigpriceriskThispaperpresentadiscussionontheroleoffuturescontracttoavoidpriceriskintheelectricpowermarketThepaperfirstlyintroducesthebasicconceptoffuturesThecha

3、racteristicandfunctionsoffuturestrade，a11ofwhichestablishatheorybaseforfurtherexploringthepriceriskavertionfunctionofelectricityfuturescontractBasedonthereviewingandanalysisofthedevelopment，thepaperthenintroducesthedevel

4、opmentandoperatingstatusofinternationalelectricityfuturesmarketItprobesandanalyzesthefunctionofpowerfutureshedging，demonstratesthebasisriskandtheoptimalhedgingrate，thenpointsoutthattheelectricityfuturescontractisaneffect

5、ivewaytoavoidpriceriskTakingtheexperiencesofinternationalelectricityfuturesmarkctforreference，theauthoranalyzesthepossibilityandnecessityofintroducingelectricityfuturesintoourcountryaccordingtotheactualsituationofourcoun

6、try’SongoingpowermarketrefornlCombinedwiththeconcretesituationofHunanProvince，wemimicthepayofffromhedgingbasedontherealdatafromLeiyangPowerPlantandZhuzhouMetallurgicalPlantFromthispaperwecanclearlyconcludethatpowerplants