supply. However, investment in capacity is a dynamic process, that depends on the evolution of prices and costs overtime. In … them focusing on their investment value by adopting a stochastic approach; we first provide a theoretical framework and …

related to the level of investment in irrigation capacity and the other one to the irrigation level in each period. In the … period. Assuming a CARA utility function, we show that taxing the investment may entail an increase in preventive irrigation … although the investment decreases. Moreover, in the case of a logistic production function, the total water use is non …

Wind power represents a key component of Turkey's energy strategy. Increased investment will be required to meet Turkey … capital is a crucial element in wind power investment decisions owing to the high capital intensity of wind power plants. A … reduction in the cost of capital through support policies can lower overall project costs and increase investment. We estimate …

directly invest. We consider several investment scenarios under the CO2 regulation with and without incentives to renewables … investment policy affects electricity prices that significantly increase in 2020 compared to their 2009 levels. The raise of …

. Under the scenario which addresses carbon leakage - covering new and existing power plants - cumulative investment will …) relative to the Reference case; while under the scenario that covers all power plants, investment in natural gas will be 24 …