supply. However, investment in capacity is a dynamic process, that depends on the evolution of prices and costs overtime. In … participate to the market: a Variable Renewable Energy (VRE) source; a thermal efficient plant (i.e. Combine Cycle Gas Turbine … them focusing on their investment value by adopting a stochastic approach; we first provide a theoretical framework and …

This paper examines the investment and financial decisions of a sample of 92 EU regulated utilities, taking into … independence matters for both investment and financial decisions. Investment increases under an Independent Regulatory Agency (IRA … privately controlled. Finally political orientation does matter, as firm investment increases under more conservative (pro …