Gas-fired power plants: Investment timing, operating flexibility and CO2 capture
نویسندگان
چکیده
منابع مشابه
Gas Fired Power Plants: Investment Timing, Operating Flexibility and Abandonment
We analyze investments in gas fired power plants under stochastic electricity and gas prices. A simple but realistic two-factor model is used for price processes, enabling analysis of the value of operating flexibility, the opportunity to abandon the capital equipment, as well as finding thresholds for energy prices for which it is optimal to enter into the investment. Our case study, using rea...
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ژورنال
عنوان ژورنال: Energy Economics
سال: 2010
ISSN: 0140-9883
DOI: 10.1016/j.eneco.2009.08.003