Optimal investment portfolio strategies for power enterprises under multi-policy scenarios of renewable energy

M Zhang, Y Tang, L Liu, D Zhou - Renewable and Sustainable Energy …, 2022 - Elsevier
Planning a portfolio that includes different power generation technologies is an important
method to ensure expected value and to reduce risks for the project investment of electric …

[HTML][HTML] Generation planning for power companies with hybrid production technologies under multiple renewable energy policies

Q Peng, W Liu, Y Zhang, S Zeng, B Graham - Renewable and Sustainable …, 2023 - Elsevier
Increased use of environmentally friendly and energy-efficient transportation, such as
electric vehicles, results in increased demand for power supply, putting pressure on the …

A real options model for renewable energy investment with application to solar photovoltaic power generation in China

MM Zhang, P Zhou, DQ Zhou - Energy Economics, 2016 - Elsevier
This paper proposes a real options model for evaluating renewable energy investment by
considering uncertain factors such as CO 2 price, non-renewable energy cost, investment …

Systematic map of the literature on carbon lock-in induced by long-lived capital

V Fisch-Romito, C Guivarch, F Creutzig… - Environmental …, 2021 - iopscience.iop.org
Long-lived capital-stocks (LLCS) such as infrastructure and buildings have significant and
long-lasting implications for greenhouse gas emissions. They contribute to carbon lock-in …

Optimal feed-in tariff for solar photovoltaic power generation in China: A real options analysis

MM Zhang, DQ Zhou, P Zhou, GQ Liu - Energy Policy, 2016 - Elsevier
The feed-in tariff policy is widely used to promote the development of renewable energy.
China also adopts feed-in tariff policy to attract greater investment in solar photovoltaic …

Optimal design of subsidy to stimulate renewable energy investments: The case of China

MM Zhang, DQ Zhou, P Zhou, HT Chen - Renewable and Sustainable …, 2017 - Elsevier
This paper proposes a real options model for estimating the optimal subsidy for renewable
energy power generation project by using stochastic process to describe the market price of …

Regional feed-in tariff mechanism for photovoltaic power generation in China considering tradable green certificate revenue

Y Fu, C Yang, L Zhang, L Wang, K Jiang - Journal of Cleaner Production, 2024 - Elsevier
This study introduces a new regional feed-in tariff (FIT) pricing mechanism for solar
photovoltaic (PV) energy in China, informed by real option (RO) theory and incorporating the …

Valuing investment decisions of renewable energy projects considering changing volatility

M Zhang, L Liu, Q Wang, D Zhou - Energy Economics, 2020 - Elsevier
Volatility is an important parameter when evaluating investments using the real options
method. For renewable energy investments, the volatility of cash flow continuously changes …

Market and policy risk under different renewable electricity support schemes

TK Boomsma, K Linnerud - Energy, 2015 - Elsevier
Worldwide, renewable electricity projects are granted production support to ensure
competitiveness. Depending on the design of these support schemes, the cash inflows to …

Investing in climate change adaptation and mitigation: A methodological review of real-options studies

T Ginbo, L Di Corato, R Hoffmann - Ambio, 2021 - Springer
Uncertain future payoffs and irreversible costs characterize investment in climate change
adaptation and mitigation. Under these conditions, it is relevant to analyze investment …