Fuel Price and Demand Uncertainties and Investment in an Electricity Model: A Two Period Model

This paper studies optimal investment in different types of electric plants. Neither future fuel prices nor future demand are known. Furthermore, we take into account explicitly the problems of management of the peak load and of the decrease of efficiency of plants used for long periods. A two period model is used, in which investment is chosen at the first period.

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Year of publication:	1997
Authors:	Chaton, C.
Institutions:	Groupe de Recherche en Économie Mathématique et Quantitative (GREMAQ), Toulouse School of Economics (TSE)
Subject:	ELECTRICITY \| UNCERTAINTY \| INVESTMENTS \| DEMAND

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Series:	Toulouse - GREMAQ.
Type of publication:	Book / Working Paper
Notes:	34 pages
Classification:	C51 - Model Construction and Estimation ; Q41 - Demand and Supply ; G31 - Capital Budgeting; Investment Policy
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005207721