Economic and Technical Background

作者: L. M. Abadie , J. M. Chamorro

DOI: 10.1007/978-1-4471-5592-8_7

关键词: Spark spreadRenewable resourceWind powerEnvironmental economicsElectricityProfitability indexFutures contractCommodityPower stationBusiness

摘要: This chapter provides some background on technical details and economic variables that are necessary for assessing investments in energy assets. We introduce concepts can be employed measuring the profitability of power stations. Regarding coal- natural gas-fired stations operating under carbon constraints, we present clean dark spread spark spread. The approach similarly extended to case with a gasification plant, also those generate electricity from renewable resources. Numerical values parameters involved taken official statistics commodity markets. Note futures contracts commodities have maturities up six years into future. draw these data sources, but sometimes rounded since ultimately aim develop realistic examples (not real cases). focus mainly average values, yet could derive risk profile number projects through simulation.

参考文章(12)
Jefferson W. Tester, William A. Peters, Michael W. Golay, Michael J. Driscoll, Elisabeth M. Drake, Sustainable Energy: Choosing Among Options ,(2005)
Luis Abadie, José Chamorro, Valuation of Wind Energy Projects: A Real Options Approach Energies. ,vol. 7, pp. 3218- 3255 ,(2014) , 10.3390/EN7053218
Katherine Ortegon, Loring F. Nies, John W. Sutherland, Preparing for end of service life of wind turbines Journal of Cleaner Production. ,vol. 39, pp. 191- 199 ,(2013) , 10.1016/J.JCLEPRO.2012.08.022
Trine Krogh Boomsma, Nigel Meade, Stein-Erik Fleten, Renewable energy investments under different support schemes: A real options approach European Journal of Operational Research. ,vol. 220, pp. 225- 237 ,(2012) , 10.1016/J.EJOR.2012.01.017
Ignacio J. Perez-Arriaga, Carlos Batlle, Impacts of intermittent renewables on electricity generation system operation Economics of Energy and Environmental Policy. ,vol. 1, ,(2012) , 10.5547/2160-5890.1.2.1
M. Z. Jacobson, C. L. Archer, Saturation wind power potential and its implications for wind energy Proceedings of the National Academy of Sciences of the United States of America. ,vol. 109, pp. 15679- 15684 ,(2012) , 10.1073/PNAS.1208993109
Tugrul U. Daim, Muhammad Amer, Rubyna Brenden, Technology Roadmapping for wind energy: case of the Pacific Northwest Journal of Cleaner Production. ,vol. 20, pp. 27- 37 ,(2012) , 10.1016/J.JCLEPRO.2011.07.025
Wolf Heinrich Reuter, Jana Szolgayová, Sabine Fuss, Michael Obersteiner, Renewable energy investment: Policy and market impacts Applied Energy. ,vol. 97, pp. 249- 254 ,(2012) , 10.1016/J.APENERGY.2012.01.021