Real options theory applied to electricity generation projects: A review
Real options (RO) theory is well known for enhancing the value of projects under
uncertainty. This is achieved by modelling the flexibility that managers possess to adjust the …
uncertainty. This is achieved by modelling the flexibility that managers possess to adjust the …
An approach for analyzing and managing flexibility in engineering systems design based on decision rules and multistage stochastic programming
This article introduces an approach to assess the value and manage flexibility in
engineering systems design based on decision rules and stochastic programming. The …
engineering systems design based on decision rules and stochastic programming. The …
[HTML][HTML] A Real Options Analysis model for generation expansion planning under uncertain demand
Generation expansion planning is finding an optimal solution for installing new generation
units with technical and financial limits. This study proposes a Real Options Analysis (ROA) …
units with technical and financial limits. This study proposes a Real Options Analysis (ROA) …
Electric power generation planning for interrelated projects: a real options approach
CH Wang, KJ Min - IEEE Transactions on Engineering …, 2006 - ieeexplore.ieee.org
The market uncertainties in the generation business in the US electric power industry have
increased the significance of two factors in generation planning: financial risks and …
increased the significance of two factors in generation planning: financial risks and …