In this study, a policy benefit real options model was developed to evaluate biomass power production investment in China. A method based on the cumulative probability was proposed using binomial decision tree calculations for the exercising of options in order to evaluate the optimal investment...

In this study, a trinomial tree modeling-based real option approach was developed to evaluate the investment in CCS retrofitting for two typical types of power plants from the perspective of power generation enterprises. A method based on the cumulative probability was proposed using trinomial...

With support of GIS tools and Theil index, the spatial variance of urban energy consumption in China was discussed in this paper through the parallel comparison and quantitative analysis of the 30 provincial capital cities of mainland China in 2005, in terms of scale, efficiency and structure....

Energy is crucial in supporting people’s daily lives and the continual quest for human development. Due to the associated complexities and uncertainties, decision makers and planners are facing increased pressure to respond more effectively to a number of energy-related issues and conflicts,...

In this study, a feasibility based inexact fuzzy programming approach (FBIFP) was developed and applied to the planning of a regional electric power generation system (REPGS). As an extension of existing interval linear programming and fuzzy linear programming, FBIFP could tackle uncertainties...

In view of the great contribution of coal-fired units to CO₂ emissions, the coupled coal and power system with consideration of CO₂ mitigation is a typical sub-system of the highly emitting Chinese energy system for low-carbon studies. In this study, an inexact mix-integer two-stage programming...

In this research, a fuzzy interval-parameter approach considering constraint-violation and energy-substitution effects (FIP-CVESE) was developed for planning municipal energy systems, which was an integration of interval linear programming (ILP) and fuzzy linear programming (FLP), as well as...