Driven by the demand for intermittent power generation, Energy Storage (ES) will be widely
adopted in future electricity grids to provide flexibility and resilience. Technically, there are …

Throughout their lifetime, infrastructure network systems face unplanned events that impose
pressures on their integrity, functionality, and ability to deliver value. Most of the existing …

Investments in cross-border electricity interconnections are key for the integration of the
European energy market. To analyze policy frameworks for these decisions, we model two …

In this paper we bring together a stochastic mixed integer programming model for
transmission network expansion planning, incorporating portfolios of real options to address …

Solution of multi-year, dynamic AC Transmission Network Expansion Planning (TNEP)
problem is gradually taking centre stage of planning research owing to its potential …

Power transmission expansion planning (TEP) is a process affected by uncertainty that
requires a long-term vision to anticipate requirements of interconnections among generators …

Although real options generally occur within portfolios, most valuation approaches based on
either option pricing or decision analysis alone focus on single well-defined options. In this …

In this article, we perform an empirical investigation of the effect of the interest rate
uncertainty on the valuation of investment projects. The analysis is carried out by employing …

In recent years, there has been much expectation that transmission expansion planning
should address ever increasing demands for transmission services under significant and …

We propose a two-attribute procedure for selecting the most cost-effective transmission
expansion alternative under risk. The procedure randomly generates sets of realization of …