This report looks at how investors have responded to the need to internalise investment risk in power generation and … incentive for new investment in peak capacity, government intervention into the market to limit prices may undermine such … investment. …

account that generation investment and operation is decided by private investors, while network expansion and redispatch is … impact of these market designs on generation and transmission investment in case those design elements are anticipated upon … network development planning. The resulting investment and production decisions are compared to a benchmark that reflects the …

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 …