Real option valuation in renewable energy literature: Research focus, trends and design

M Kozlova - Renewable and Sustainable Energy Reviews, 2017 - Elsevier
In light of intensive development of the renewable energy (RE) sector, a growing number of
academic papers address the complexity of RE investment planning and valuation. To take …

Economic and regulatory uncertainty in renewable energy system design: A review

À Alonso-Travesset, D Coppitters, H Martín, J de la Hoz - Energies, 2023 - mdpi.com
Renewable energy is increasingly mobilizing more investment around the globe. However,
there has been little attention to evaluating economic and regulatory (E&R) uncertainties …

Effects of climate policy uncertainty on sustainable investment: a dynamic analysis for the US

G Olasehinde-Williams, O Özkan, SS Akadiri - Environmental Science and …, 2023 - Springer
Uncertainties surrounding climate change policies of the United States introduce some
degree of risk into sustainable investment decisions in the country. This study is an attempt …

[HTML][HTML] The impact of subsidy retraction on European renewable energy investments

LH Sendstad, V Hagspiel, WJ Mikkelsen, R Ravndal… - Energy Policy, 2022 - Elsevier
Over the past few decades, renewable energy has received considerable public support
through subsidies. However, its reliance on governments inherently induces policy …

Exploring incentive mechanisms for the CCUS project in China's coal-fired power plants: An option-game approach

B Sun, B Fan, C Wu, J **e - Energy, 2024 - Elsevier
Carbon capture, utilization and storage (CCUS) is a critical technology for reducing carbon
emissions from coal-fired power plants (CFPPs). However, the CCUS project in China's …

[HTML][HTML] An equilibrium market power model for power markets and tradable green certificates, including Kirchhoff's Laws and Nash-Cournot competition

PI Helgesen, A Tomasgard - Energy Economics, 2018 - Elsevier
We investigate the economic impacts of introducing tradable green certificates to promote
electricity produced from renewable energy sources. We formulate a mixed …

The long-term impacts of carbon and variable renewable energy policies on electricity markets

T Levin, J Kwon, A Botterud - Energy Policy, 2019 - Elsevier
We present a computationally-efficient optimization model that finds the least-cost
generation unit expansion, commitment, and dispatch plan to serve hourly electricity …

Green electricity investments: Environmental target and the optimal subsidy

S Bigerna, X Wen, V Hagspiel, PM Kort - European Journal of Operational …, 2019 - Elsevier
We investigate the optimal investment decision in renewables under market demand
uncertainty, in the context of the Italian strategy for renewable deployment under the EU …

[HTML][HTML] Sequential investment in renewable energy technologies under policy uncertainty

LH Sendstad, M Chronopoulos - Energy Policy, 2020 - Elsevier
Although innovation and support schemes are among the main forces that drive investment
in renewable energy (RE) technologies, both involve considerable uncertainty. We develop …

Tradable green certificates for renewable support: The role of expectations and uncertainty

M Hustveit, JS Frogner, SE Fleten - Energy, 2017 - Elsevier
This paper analyzes tradable green certificate markets, where producers investing in new
renewable capacity receive certificates based on their production. These are sold to …