Real option valuation in renewable energy literature: Research focus, trends and design

M Kozlova - Renewable and Sustainable Energy Reviews, 2017 - Elsevier
In light of intensive development of the renewable energy (RE) sector, a growing number of
academic papers address the complexity of RE investment planning and valuation. To take …

Switching outputs in a bioenergy cogeneration project: A real options approach

DL de Oliveira, LE Brandao, R Igrejas… - … and Sustainable Energy …, 2014 - Elsevier
Environmental concerns have stimulated the search for economically feasible renewable
energy projects. One such alternative is the use of biomass for energy generation, which has …

Investment model of agricultural biogas plants for individual farms in Poland

K Klimek, M Kapłan, S Syrotyuk, N Bakach, N Kapustin… - Energies, 2021 - mdpi.com
The main idea of a circular economy (CE) is to separate economic growth from resource
consumption and environmental impacts. The characteristic approach of a CE assumes the …

Using real options to value capacity additions and investment expenditures in renewable energies in India

SD Gupta - Energy Policy, 2021 - Elsevier
We calculate the overall policy value of installed capacity additions and investment
expenditures in wind and solar energies in India. Recent increases in capacity additions and …

Do Smart Grids boost investments in domestic PV plants? Evidence from the Italian electricity market

M Bertolini, C D'Alpaos, M Moretto - Energy, 2018 - Elsevier
Large-scale development of distributed generation power plants has given rise to new
critical problems for the design and management of energy systems and electric grids. It is …

Minimum revenue guarantees valuation in PPP projects under a mean reverting process

CA Zapata Quimbayo, CA Mejía Vega… - Construction …, 2019 - Taylor & Francis
Minimum revenue guarantees, where the government assumes a portion of the traffic risk to
guarantee a minimum level of revenue and profitability to the investors, is a standard risk …

The impact of a growing bioethanol industry on food production in Brazil

M Gauder, S Graeff-Hönninger, W Claupein - Applied Energy, 2011 - Elsevier
The Brazilian production of major food commodities increased fivefold between 1961 and
2008. In the same time, the area cropped with sugar cane increased with high growth rates …

Leaving well-worn paths: Reversal of the investment-uncertainty relationship and flexible biogas plant operation

G Briest, LP Lauven, S Kupfer, E Lukas - European Journal of Operational …, 2022 - Elsevier
We propose a dynamic investment model to study investment behavior for power grid-
stabilizing, flexibility-providing energy projects. Our model adds to the literature in several …

Blending under uncertainty: Real options analysis of ethanol plants and biofuels mandates

H Ghoddusi - Energy Economics, 2017 - Elsevier
The value of a representative ethanol producer, that benefits from both low and high
gasoline prices in the short-run, is modeled. Ethanol producers make a modest competitive …

A dynamic real option-based investment model for renewable energy portfolios

AC Passos, A Street, LA Barroso - IEEE Transactions on Power …, 2016 - ieeexplore.ieee.org
This work proposes a dynamic model to devise the optimal risk-averse investment policy in a
portfolio of complementary renewable sources for a generation company in the Brazilian …