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  • Search: subject:"Two-factor learning curve"
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Monte Carlo simulation 1 Photovoltaic power generation 1 System dynamics 1 Technology valuation 1 Two-factor learning curve 1
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Jeon, Chanwoong 1 Shin, Juneseuk 1
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Energy 1
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Long-term renewable energy technology valuation using system dynamics and Monte Carlo simulation: Photovoltaic technology case
Jeon, Chanwoong; Shin, Juneseuk - In: Energy 66 (2014) C, pp. 447-457
A new long-term technology valuation method for renewable energy technologies that combines system dynamics with Monte Carlo simulation is proposed. Existing valuation methods using surveys or cash flows are suitable for technologies characterized by short lifecycles and little uncertainty, but...
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