A decision-making tool for project investments based on real options: the case of wind power generation

DOI10.1007/S10479-011-0856-9MaRDI QIDQ646672zbMATH OpenOpenAlexFDO

Authors Juan-Miguel Gracia

Publication date 17 November 2011

Published in Annals of Operations Research (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/s10479-011-0856-9

zbMATH Keywords

Monte Carloreal optionsrisk managementwind energy

Mathematics Subject Classification ID

Management decision making, including multiple objectives (90B50) Corporate finance (dividends, real options, etc.) (91G50)

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Cites work

• A Framework Using Two-Factor Price Lattices for Generation Asset Valuation
• A decision-making tool for project investments based on real options: the case of wind power generation
• An Intertemporal General Equilibrium Model of Asset Prices
• Electricity prices and power derivatives: evidence from the Nordic Power Exchange
• Evaluating leases with complex operating options
• INCORPORATING OPERATIONAL CHARACTERISTICS AND START-UP COSTS IN OPTION-BASED VALUATION OF POWER GENERATION CAPACITY
• Investment under alternative return assumptions
• Short-Term Generation Asset Valuation: A Real Options Approach

Cited in

(18)

• Flexibility to switch project size: a real option application for photovoltaic investment valuation
• Optimal investment decision for photovoltaic projects in China: a real options method
• Investment Decisions Under Uncertainty Using Stochastic Dynamic Programming: A Case Study of Wind Power
• A review of the operations literature on real options in energy
• A real options model for the disinvestment in conventional power plants
• Sustainable operation-oriented investment risk evaluation and optimization for renewable energy project: a case study of wind power in China
• A decision-making tool for project investments based on real options: the case of wind power generation
• Pricing renewable identification numbers under uncertainty
• Real options in operations research: a review
• Microgrid investment under uncertainty: a real option approach using closed form contingent analysis
• Real options approach for fashionable and perishable products using stock loan with regime switching
• Real option approach on implementation of wind-diesel hybrid generators
• Optimal timing of non-pharmaceutical interventions during an epidemic
• The paradox effects of uncertainty and flexibility on investment in renewables under governmental support
• A hybrid WT-FBPNN optimisation algorithm to identify the investment risk of wind power projects
• Model risk in real option valuation
• Investment in high-frequency trading technology: a real options approach
• Real option pricing model based on mean reversion applied in a wind power project

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