Strategic power plant investment planning under fuel and carbon price uncertainty

• Автор: Geiger, Ansgar (auth)
• Формат: Електронний ресурс Частина з книги
• Мова: Англійська
• Опубліковано: KIT Scientific Publishing 2011
• Предмети: Real Options; Dynamic Programming; Fundamental Electricity Market Models; Power Plant Investment Planning; Approximate Dynamic Programming
• Онлайн доступ: DOAB: download the publication; DOAB: description of the publication

The profitability of power plant investments depends strongly on uncertain fuel and carbon prices. In this doctoral thesis, we combine fundamental electricity market models with stochastic dynamic programming to evaluate power plant investments under uncertainty. The application of interpolation-bas...