Authors,Title,Year,Link,Abstract,Keywords,Publisher,Pubplace,Language,Document Type "Variables que inciden en el precio de la bolsa de energía y su correlación con los contratos de largo plazo",2012,"http://hdl.handle.net/10906/67872","Given the importance of evolution in prices of energy stock market, this paper wasdone in order to analyze the variables that constitute the price and itscharacteristics, as well as its impact in electric energy market. The currentColombian regulation was analyzed and the most important variables wereidentified; a similarity according to contract prices was also established.This analysis period, according to the information available in the historicalarchives from XM – Market Experts, was from 2009 to June 2011. On the samehand, some behaviors from previous years are also mentioned, which labeledcertain tendency in prices, caused by some weather conditions like “la Niña” and“el Niño” phenomenon.One of the greatest conclusions obtained, is that hydrology (reflected in summerand winter seasons) marks a very important tendency in price, just like it was to beexpected in a stable market, in which abundance generates low prices tendenciesand shortage generates high tendencies. This defines in Colombian energy marketthat prices respond in a closer way to the fundamental ones.","Economics,Negocios y management,Economía,Power exchange,Energy contracts long term,Energy contracts on the exchang,Bolsa de valores,Inversiones,Energía eléctrica,Comercializadoras,Riesgo financiero,Empresas de energía","Universidad Icesi","spa","info:eu-repo/semantics/masterThesis",