Investment timing and optimal capacity choice for small hydropower projects
نویسندگان
چکیده
منابع مشابه
Investment timing and optimal capacity choice for small hydropower projects
This paper presents a method for assessing small hydropower projects that are subject to uncertain electricity prices. We present a real options-based method with continuous scaling, and we find that there is a unique price limit for initiating the project. If the current electricity price is below this limit it is never optimal to invest, but above this limit investment is made according to th...
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ژورنال
عنوان ژورنال: European Journal of Operational Research
سال: 2008
ISSN: 0377-2217
DOI: 10.1016/j.ejor.2007.05.044