Robert Schuman Centre for Advanced Studies (RSCAS)
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Browsing Robert Schuman Centre for Advanced Studies (RSCAS) by Subject
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Browsing Robert Schuman Centre for Advanced Studies (RSCAS) by Subject "capacity expansion"
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Title:A Real Options Model for Electricity Capacity Expansion
Author(s):GAHUNGU, Joachim; SMEERS, YvesDate:2012Type of Publication:Working PaperSeries/Report no.:EUI RSCASAbstract:This paper proposes a real option capacity expansion model for power generation with several technologies that differ in operation and investment costs. The economy is assumed perfectly competitive and the instantaneous ...