Similar Search Results

Flexible Waste Management under Uncertainty

Corato, Luca Di; Montinari, Natalia - Fondazione ENI Enrico Mattei (FEEM) - 2013

optimal waste management program under uncertainty about the price of recyclables in the secondary market. The municipality … be recycled and the optimal timing for the investment in such a flexible program. We find that adopting a flexible …

Persistent link: https://www.econbiz.de/10010833944

Investing in Biogas: Timing, Technological Choice and the Value of Flexibility from Inputs Mix

Moretto, Michele; Corato, Luca Di - Fondazione ENI Enrico Mattei (FEEM) - 2009

In a continuous-time framework we study the technology and investment choice problem of a continuous co … flexible technology allowing for such option. Investment is irreversible and flexibility is costly. The problem is solved … determining in the light of future prospects the optimal revision and then playing backward fixing the investment timing rule. …

Persistent link: https://www.econbiz.de/10008502095

Land-use Change and Solar Energy Production: A Real Option Approach

Gazheli, Ardjan; Corato, Luca Di - Fondazione ENI Enrico Mattei (FEEM) - 2011

In this paper a real option model is developed to examine the critical factors affecting the decision to lease agricultural land to a company installing a PV power plant. The leasing payment is certain while the net revenues from agriculture are uncertain. We identify the profit values at which...

Persistent link: https://www.econbiz.de/10009421231

Uncertainty in Integrated Assessment Models of Climate Change: Alternative Analytical Approaches

Golub, Alexander; Narita, Daiju - Fondazione ENI Enrico Mattei (FEEM) - 2011

way to identify and value flexibility: the continuous-time stochastic dynamic programming, which is computationally most …Uncertainty plays a key role in the economics of climate change, and the discussions surrounding its implications for … climate policy are far from settled. We give an overview of the literature on uncertainty in integrated assessment models of …

Persistent link: https://www.econbiz.de/10008828410

Programs, Prices and Policies Towards Energy Conservation and Environmental Quality in China

Zhang, ZhongXiang - Fondazione ENI Enrico Mattei (FEEM) - 2014

China has gradually recognized that the conventional path of encouraging economic growth at the expense of the environment cannot be sustained. It has to be changed. This article focuses on China’s efforts towards energy conservation and environmental quality. The article discusses a variety...

Persistent link: https://www.econbiz.de/10010813782

Energy and Environmental Issues and Policy in China

Zhang, ZhongXiang - Fondazione ENI Enrico Mattei (FEEM) - 2013

China’s rampant environmental pollution problems and rising greenhouse gas emissions and the resulting climate change are undermining its long-term economic growth. China, from its own perspective cannot afford to and, from an international perspective, is not meant to continue on the...

Persistent link: https://www.econbiz.de/10010732281

Why Wind Is Not Coal: On the Economics of Electricity

Hirth, Lion; Ueckerdt, Falko; Edenhofer, Ottmar - Fondazione ENI Enrico Mattei (FEEM) - 2014

three dimensions - time, space, and lead-time. Consequently, different generation technologies, such as coal and wind power …

Persistent link: https://www.econbiz.de/10010770382

Integration of Power Generation Capacity Expansion in an Applied General Equilibrium Model

d'Aertrycke, Gauthier de Maere; Durand-Lasserve, Olivier; … - Fondazione ENI Enrico Mattei (FEEM) - 2014

represented by various time segments. This model is solved numerically using the decomposition method proposed by Bohringer and …

Persistent link: https://www.econbiz.de/10011162073

China in the Transition to a Low-Carbon Economy

Zhang, ZhongXiang - Fondazione ENI Enrico Mattei (FEEM) - 2010

China, from its own perspective cannot afford to, and from an international perspective, is not allowed to continue on the conventional path of encouraging economic growth at the expense of the environment. The country needs to transform its economy to effectively address concern about a range...

Persistent link: https://www.econbiz.de/10008465536

Adaptive Policy Mechanisms for Transboundary Air Pollution Regulation: Reasons and Recommendations

Kelly, J. Andrew; Vollebergh, Herman R.J. - Fondazione ENI Enrico Mattei (FEEM) - 2012

In the context of transboundary air pollution policy the broad ambition is to achieve reductions in the level of environmental and societal damage associated with certain pollutant concentrations and exposure rates in a cost effective manner. Policy formulation and legislative frameworks in this...

Persistent link: https://www.econbiz.de/10010833926