Hewlett Packard Enterprise today announced an agreement with Saskatchewan Polytechnic to improve student and faculty experience, and modernize its technology environment and deliver enhanced flexibility with the HPE GreenLake edge-to-cloud platform..
Fuel price caps are one of the potential regulatory tools for controlling wholesale electricity prices when fuel prices are volatile. In this paper, we introduce a theoretical model to study the effects of such caps on firms’ bidding behaviour and clearing prices in spot market auctions. We then use data from the Australian National Electricity Market (NEM), which recently implemented such caps, to empirically test and compare their effectiveness in three different states. Our theoretical findings suggest that fuel price caps can be binding, especially when electricity demand is lower and competition among generators is higher. When demand is high, alternative policy tools, such as market price caps, may be more effective in controlling auction prices. Our empirical analysis employs various techniques, such as Generalized Additive Models (GAM) and machine learning algorithms, to test the effectiveness of price caps in the NEM. We find mixed results regarding the effectiveness of fuel
Guidewire and Akur8 announced that Akur8’s new Ready for Guidewire validated accelerator is now available to PolicyCenter users in the Guidewire Marketplace.
Designed exclusively for the P&C.