Investment Valuation in Liberalized Power Markets: Integrating Real Options with System Dynamics
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Show full item recordDate of publishing
2017Type of publication
research articleSubject(s)
FLEXIBILITY
POWER GENERATION PLANNING
POWER SYSTEM SIMULATION
REAL OPTIONS
SYSTEM DYNAMICS
ENERGIA ELECTRICA
POWER GENERATION PLANNING
POWER SYSTEM SIMULATION
REAL OPTIONS
SYSTEM DYNAMICS
ENERGIA ELECTRICA
Abstract
"The proposal is elaborated under a long run market framework, based on System Dynamics simulative approach, and considers for the investment rates to be a function of the value of flexibility of the deferral option, obtained by means of Real Options analysis."