Showing 1 - 10 of 24
We study a variety of optimal investment problems for objectives related to aataining goals by a fixed terminal time. …
Persistent link: https://www.econbiz.de/10005776744
implementation issues related to portfolio theory and expected utility optimisation. …
Persistent link: https://www.econbiz.de/10005650523
Investment in electricity networks, as regulated natural monopolies, is among the highest regulatory and energy policy … electricity sector, identifying investment drivers of power networks facilitates effective regulatory treatment of investment … under incentive regulation. This study analyses the determinants of investment in Norwegian electricity distribution …
Persistent link: https://www.econbiz.de/10010729016
investment incentives. We review the biases of the Pool capacity payments design, the drought of investment following the …
Persistent link: https://www.econbiz.de/10005783839
Merchant electricity transmission investment is a practically relevant example of an unregulated investment with … monopoly properties. However, while leaving the investment decision to the market, the regulator may decide to prohibit … the capacity choice, given three reasons for capacity withholding: uncertainty, demand growth and pre-emptive investment …
Persistent link: https://www.econbiz.de/10005783840
As soon as international financial markets felt reassured in 2003 by the surprisingly neoliberal orientation of President Lula’s government, the ‘spot-the-new-Latin-tiger’ financial brigade became dazzled by Brazil — they just couldn’t have enough of it. So much so, that they had...
Persistent link: https://www.econbiz.de/10010699816
In this paper, the political dilemma of the deployment of a large-size low carbon technology (LCT) is analyzed. A simple dynamic model is developed to analyze the interrelation between irreversible investments and learning-by-doing within a context of exogenous uncertainty on carbon price....
Persistent link: https://www.econbiz.de/10010699841
investment choices in different sectors. For this purpose, capital stock is characterised by vintages with different intensities … efficient use of these inputs by choosing more efficient technologies at the time of investment. The model is estimated for 23 …
Persistent link: https://www.econbiz.de/10008528488
Driven by fear of underinvestment in network assets, merchant investment in electricity transmission networks (MTI) is …
Persistent link: https://www.econbiz.de/10005489362
uncertainties when valuing different power generation technologies. We introduce a probabilistic valuation model of investment in …
Persistent link: https://www.econbiz.de/10005113802