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studied. The approach of portfolio theory or the capital asset pricing model (CAPM) is used. The major features of the CAPM is … particular, applications to the capitalization variant of the utility investment strategy and the financing variant are …
Persistent link: https://www.econbiz.de/10009435531
This report reviews recent DSM shareholder incentive designs and performance at 10 US utilities identifies opportunities for regulators to improve the design of DSM shareholder incentive mechanisms to increase the procurement of cost-effective DSM resources. We develop six recommendations: (1)...
Persistent link: https://www.econbiz.de/10009435891
This paper compares the financing costs of wind turbine powerplants with those of fossil powerplants. The goal of this examination is to determine the extent to which these costs differ and what the sources of such differences may be. The discussion is organized in the following fashion. Section...
Persistent link: https://www.econbiz.de/10009435892
The question of uncertainty and risk in electric utility resource planning has received considerable attention in recent years. During the 1980s, many utilities suffered financial losses because of unexpectedly high plant construction costs and low growth in electricity demand. In addition, the...
Persistent link: https://www.econbiz.de/10009436161
A tool is presented to quantify the risks of geothermal projects, the Geothermal Probabilistic Cost Model (GPCM). The GPCM model is used to evaluate a geothermal reservoir for a binary-cycle electric plant at Heber, California. Three institutional aspects of the geothermal risk which can shift...
Persistent link: https://www.econbiz.de/10009436921