Glensk, Barbara; Rosen, Christiane; Madlener, Reinhard - 2019
or shut-down can be supported by applying real options analysis. This approach has been used successfully for assessing … options model for the disinvestment in conventional, fossil-fuelled power plants. Applying the proposed real options approach … investment projects in different sectors of the economy including the energy supply industry. In this paper, we develop a real …