IMPACT OF DATA ANALYTICS IN FINANCIAL MARKETS

Analysing the data in a specic goal oriented manner can yield great insights which be used to ensure smooth running and regulation of the markets while avoiding manipulations which can have adverse impact on other market participants and damage the integrity of nancial market framework. Large institutional players often use unethical methods to move the markets in there favour, one of the the example is freak trades. This issue can be countered by making it mandatory for brokers to share live trade data which can be thrown into manipulation detecting models specially for freak trades. Machine Learning and deep learning models can be made for detection of manipulative occurences which includes fake news detection, manipulation of bid ask depth. Data analysis shows immense potential for the process of regulation of nancial markets

Network Externality and Subsidy Structure in Two-Sided Markets: Evidence from Electric Vehicle Incentives

This paper uses new, large-scale vehicle registry data from Norway and a two-sided market framework to show nonneutrality of different subsidies and estimate their impact on electric vehicle adoption when network externalities are present. Estimates suggest a strong positive connection between electric vehicle purchases and both consumer price and charging station subsidies. Counterfactual analyses suggest that between 2010 and 2015, every dollar spent on station subsidies resulted in more than twice as many additional electric vehicle purchases than the same amount spent on price subsidies. However, this relation inverts with increased spending, as station subsidies’ impact tapers off faster. (JEL D12, D62, D85, H25, L62, Q54)

Analysis of the Policy and Market Framework for Hydro Pumped Storage in Latin America and the Caribbean

In the next decades, the evolution of the power sector in the region will be based on a combination of large-scale and centralized power plants, distributed generation, and even isolated microgrids. Storage technologies will be crucial to enable the management of the intrinsic variability of some renewable generation (wind and solar), particularly in scenarios where there is a need to reduce fossil fuels used for base generation. Pumped Storage Hydropower (PSH) technologies are an attractive alternative, given the regions hydropower potential, existing installed capacity, and technical knowledge. This paper explores the policy and market framework in LAC for this technology.

Digitalisation potentials in the electricity ecosystem: lesson learnt from the comparison between Germany and Denmark

Digitalisation potentials in the electricity sector are frequently discussed around the world, especially in Europe which has the largest interconnected continental electricity grid in the world. The analysis and comparison of electricity ecosystems between countries can help to enhance international understanding and cooperation. It can also enable businesses to expand. However, little literature has covered the cross-national comparisons of digitalisation potentials in the electricity sector. This paper uses the business ecosystem architecture development methodology to identify commonalities and differences between two electricity ecosystems: Germany and Denmark. The result shows that there are many similarities between the two countries, but the roles of market framework provider, market supervision, and metering point operator are performed by different actors. By comparing the value chain segments, the main differences between Denmark and Germany are the share of renewable energy generation, the organisation of the transmission system, smart meter installation & operations, and the national electricity data hub. Based on the comparisons, six recommendations for the digitalisation of the electricity ecosystem are proposed: digitalisation for enabling more renewable energy resources for electricity generation, digitalisation in the electricity grids, digitalisation ib. the electricity markets, digitalisation on the demand side, especially the transport sector, and regulation-driven digitalisation of the electricity ecosystem.

Technical Indicators for the Comparison of Power Network Development in Scenario Evaluations

The problem of electric network expansion has different implications concerning the definition of criteria for the comparison of different candidate projects. Transmission expansion planning usually involves a set of economic and technical influences on market framework and on network operation over defined scenario evolutions, or even combining generation and transmission planning, although the application to real-sized networks usually implies cost-benefit analysis. In this paper, a methodology for performance analysis of a set of network development projects is proposed, including zonal market framework and load flow analysis, in order to individuate possible candidate projects and their influence on active power losses, admissible load increase and admissible renewable generation increase. Those merit indicators are compared among candidate projects by means of Analytic Hierarchy Process (AHP) method, aiming at determining the most promising solution under different weights of criteria. Moreover, the influence of network development investment cost on project selection is assessed by means of an extension of AHP. The procedure is applied to yearly operation of NREL-118 test system.

Shades of blue in financing: Transforming the ocean economy with blue bonds

Purpose To provide an overview of how blue bonds can have a transformative impact on the blue- and ocean-based economies. Design/methodology/approach This article provides an overview of what a blue bond is, the process for issuing a blue bond, the transformative effects blue bonds can have on ocean economies, and the areas ocean economies should focus on to attract investors and catalyze investment into their ocean economies. Findings This article concludes blue bonds present an opportunity to not only achieve strong financial returns but to also contribute to a meaningful environmental and social impact on ocean economies. As the public and private sectors develop initiatives to catalyze investment into ocean initiatives, it is likely the investment community will eagerly adopt blue bonds into the suite of sustainable finance products, driving greater investment into ocean economies and supporting the health of our oceans. Practical implications One of the key constraints for blue-bond growth is the lack of familiarity to this product among market participants. Unlike its other ESG-labeled counterparts, blue bonds are not regulated by a set of principles such as those prescribed by the International Capital Markets Association (ICMA). Clarifying the alignment of globally recognized standards such as the ICMA principles and its correlation to blue financing may help ocean industries to achieve greater recognition within the sustainable bond market framework and can make the market aware of important characteristics of ocean industries, including differing risks and opportunities. Originality/value Practical guidance from experienced lawyers in ESG bonds and blue economy initiatives.

DSO Flexibility Market Framework for Renewable Energy Community of Nanogrids

With the introduction of the renewable energy communities in the current electrical market environment, it becomes possible to aggregate small generation resources and users’ loads to exchange power within the aggregation and at the same time provide services to the electrical system. The renewable energy community of users equipped with nanogrid technology allows performing an adequate level of flexibility. It may be the solution to coordinate in the best possible way the energy resources in order to increase the community self-consumption and to provide ancillary services to the grid. In this paper, a model for the interaction between the Distribution System Operator (DSO)—Transmission System Operator (TSO) and the energy community based on nanogrids is proposed and an operational example is presented.