Azevedo, FilipeMachado, J. A. Tenreiro2015-11-252015-11-252014978-94-007-7183-3http://hdl.handle.net/10400.22/7004This paper studies the impact of the energy upon electricity markets using Multidimensional Scaling (MDS). Data from major energy and electricity markets is considered. Several maps produced by MDS are presented and discussed revealing that this method is useful for understanding the correlation between them. Furthermore, the results help electricity markets agents hedging against Market Clearing Price (MCP) volatility.engMultidimensional ScalingElectricity MarketsEnergy MarketsHedgingEconometric ModelsElectricity Price Volatilitybook part10.1007/978-94-007-7183-3_28