The value of power generation technologies can be derived from the investment cost, the plant's expected lifetime, and … only delays the investment decision in the case of the floored CO2 permit prices. For the two other policies, the model … predicts an immediate investment in CCS power plants once the CCS technology becomes commercially available in 2020 …

theory and power plant investment. We then investigate the peculiarities and uncertainties related to large-scale power … plant project considered. To this end, we develop a sequential investment model based on the binomial tree model of Cox … sequential investment lies in the fact that it also delivers, besides the option value of the investment, the optimal strategy …

explicitly in a conventional (static) evaluation to identify the investment alternatives maximizing the net present value (NPV …) evaluation methodology is developed, featuring a real options investment appraisal. The methodological advancements introduced … substantial value of waiting, making it more rational to postpone the investment. Further insight is gained on various aspects of …