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Uncertainty affecting project values makes investors hesitate to build new capacity unless profitability is significant … capture both uncertainty effects and decision-making behaviour of investors. Important stochastic factors typically include …
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uncertainty. Uncertainty in the energy market prices is the main cause of high volatility of profits achieved by power producers …. The volatile and intermittent nature of wind energy represents another source of uncertainty. Hence, each uncertain …
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that causes the investment downturn during "off" years, but rather the uncertainty over its return. Specifically, it is the … dynamic of power purchase agreement (PPA) negotiations in the face of PTC renewal uncertainty that drives investment … uncertainty is a crucial component of effective renewable energy policy. The PTC as currently structured is not the only means …
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