Renewable energy subsidies in the form of feed-in tariffs implicitly give investors the possibility to shut down their renewable power plants temporarily or permanently. This real option is especially valuable for electricity from biomass, an important pillar of European renewable energy goals. The shut-down option is similar to a put on agricultural commodity prices, while the costs and benefi...

Recently, there has been a growing interest in the production of electricity from renewable energy sources (RES). The RES investment is characterized by uncertainty, which is long-term, costly, depend on feed-in-tariff and support schemes. In this paper, we address the real option valuation (ROV) of a solar power plant investment. The real option framework is investigated. This framework consid...

In recent two decades, countries focused on minimum extraction of fossil fuels and utilized the renewable energies based on countries' policies and the environmental considerations. Thus, choosing the best renewable energy alternative is a significant role to investment on them. Among the classical decision approaches that have used in the literature, the hesitant fuzzy sets (HFSs) theory is ap...

There exist some possible synergies between energy efficiency measures and renewable energy adoption in the sense that the former reduces the energy demand so that the latter can begin to cut future GHG emissions with a high potential in residential sector. In this residential sector, many works have been done either on demand for clean energy or on investment in energy efficiency, but to our k...

To address the problems of climate change and energy security, Chinese government strived to develop renewable power as an important alternative of conventional electricity. In this paper, the learning curve model is employed to describe the decreasing unit investment cost due to accumulated installed capacity; the technology diffusion model is used to analyze the potential of renewable power. ...

The purpose of the article is to assess pace capital contribution and investment in solar energy order increase security national economies. study analyzes development global industry for years 2009-2019 context support. main stages world are marked priority countries regions determined. Factors attractiveness private noted, namely climate formed at expense legislative maintenance this sphere, ...

This paper examines the drivers of private investment in renewable energy by source financing for 13 economies over period 2008–2018, with a focus on sub-panel Asian economies. Sources – asset finance, corporate research and development (R&D), public market, venture capital equity vary not only across years sources, but also countries. Using fixed effects panel model, this provides first quanti...

With regard to the importance of scientific decision-making in power plants prioritization to produce electrical energy (power) from renewable energies (purified), in this paper, research with specialists opinions with respond to questionnaires provided upon three efficient operational criterion in position of three presented power plant in country which used wind, solar water energies for prod...