Question

Why is the price of electricity more volatile than that of other energy sources?

   Why is the price of electricity more volatile than that of other energy sources?
Options, Futures, and Other Derivatives
Options, Futures, and Other Derivatives
John C. Hull 10th Edition
Chapter 35, Problem 5 ↓

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Supply and demand dynamics: The price of electricity is influenced by the balance between supply and demand. Unlike other energy sources, electricity cannot be easily stored in large quantities. This means that electricity supply must constantly match demand in  Show more…

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Why is the price of electricity more volatile than that of other energy sources?
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