Glensk, Barbara; Rosen, Christiane; Madlener, Reinhard - 2019
modern, highly energy-effcient conventional power plants ('missing money problem'). Their operation often becomes … options model for the disinvestment in conventional, fossil-fuelled power plants. Applying the proposed real options approach …, we aim to determine the optimal timing for the shut-down of unprofitable gas-fired power plants as well as the …