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 projects in response to changes in their environments. Based on this, RO theory could be used to tackle current energy and environmental issues by enhancing the value of electricity generation projects (EGP), especially renewable energy projects (REP).

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Year of publication:	2013
Authors:	Martínez Ceseña, E.A. ; Mutale, J. ; Rivas-Dávalos, F.
Published in:	Renewable and Sustainable Energy Reviews. - Elsevier, ISSN 1364-0321. - Vol. 19.2013, C, p. 573-581
Publisher:	Elsevier
Subject:	Real options \| Generation planning \| Renewable energy \| Power systems economics

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://ebvufind01.dmz1.zbw.eu/10011049326