We analyse the decision of an agent to invest and engage in industrial activities that are characterized by two forms of uncertainty: market size uncertainty and competitive effect uncertainty. We apply our model on the bioenergy industries. We compare the case of an ambiguity neutral agent with...

Reduction in energy dependancy and emissions of CO2 via renewables targeted in the European Union energy mix and taxation system might trigger the production of bioenergy production and competition for biomass utilization. Torrefied biomass could be used to produce second generation biofuels to...

This paper presents the version 1.0 of the Green Electricity Simulate (GES), which is a simulation model that has been designed to investigate questions related to biomass-based electricity in the European countries, with a special focus on the biomass co-firing in coal plants. We extend...