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Selective Hedging in Hydro Based Electricity Companies

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Figure

Figure 1: Overview of electricity production and hedging in Norway. Values presented are annualenergy generation inelectricity subject to hedging policies (107 TWh) in total annual electricity production, compris- TWh (number of companies)
Table 1: Summary statistics of the data collected from the participating companies. The data span 36 (30) months from January 2007 to December (June) 2009).
Table 2: Policy group characteristics. The groups are formed through a binary classification tree:
Table 3: Descriptive statistics for hedging transactions, based on 8,171 unique transactions
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