Abadie, Luis M.; Chamorro, José M. - In: Energies 7 (2014) 5, pp. 3218-3255
We address the valuation of an operating wind farm and the finite-lived option to invest in it under different reward/support schemes: a constant feed-in tariff, a premium on top of the electricity market price (either a fixed premium or a variable subsidy such as a renewable obligation...