Real options (RO) theory is well known for enhancing the value of projects under
uncertainty. This is achieved by modelling the flexibility that managers possess to adjust the …

In this paper we study a community or firm considering to diversify its investment in two
distinct renewable energy technologies, namely wind and solar PV electricity. We assume …

In this research, four electricity generation projects from biogas are analyzed. The present
value of public aid granted by the German Administration in the four projects is calculated by …

This paper contrasts the financial benefit of grants given to research and development
projects with the reduction in managerial flexibility they impose, which implies a loss in the …

Las decisiones estratégicas en los mercados de electricidad están sujetas a un alto riesgo e
incertidumbre; en consecuencia, las opciones reales aparecen como una alternativa para la …

The joint investment in renewable sources can be seen as an efficient mechanism for
mitigating the risk of generation investors. This article presents an innovative framework to …

The electricity supply industry (ESI) is a highly capital intensive industry, with large sunk
capital investment at the upstream side. This characteristic, together with the necessity of the …

Application of real options in decision-making in power markets SciELO - Scientific
Electronic Library Online vol.30 issue133 Low-severity deviant and abusive behaviors in …

In a context of growing energy prices and climate change mitigation, the thesis addresses
the issues of investments in power generation capacities and in particular nuclear …

This master thesis is the final assignment in the Master of Science degree in Industrial
Economics and Technology Management at the Norwegian University of Science and …