Portfolio Optimization in the Electricity Market-Investor’s Perspective
作者： Umit Kilic , Gulgun Kayakutlu
DOI: 10.1007/978-3-319-16033-7_9
关键词: Portfolio optimization 、 Capital allocation line 、 Portfolio 、 Volatility (finance) 、 Liberalization 、 Electricity market 、 Economics 、 Goal programming 、 Revenue 、 Microeconomics
摘要: International energy investors are interested in investing new markets where there is a possibility of constructing portfolio composed fossil and renewable energies. Capital allocation decision to be made considering the sociopolitical effects caused. Hence market analyzed terms production possibilities, price volatility, social acceptance. The with maximum possible revenue created least environmental effect smallest technological risks. This study offers weighted goal programming (WGP) model, weights calculated using Analytical Network Planning (ANP). Case realized Turkey, because Turkish electricity experiencing significant structural changes rapid transformation process. Liberalization constantly increasing demand country have drawn lot interest. same model can applied any by changing resources country-based criteria.
springer.com
sci-hub.st 参考文章(29)
Shimon Awerbuch, Fabien A. Roques, Morgan Bazilian, Analytical methods for energy diversity and security : portfolio optimization in the energy sector: a tribute to the work of Dr Shimon Awerbuch Elsevier. ,(2008)
B. F. Hobbs, Peter Meier, Energy Decisions and the Environment: A Guide to the Use of Multicriteria Methods ,(2000)
Ines Fortin, Sabine Fuss, Jaroslava Hlouskova, Nikolay Khabarov, Michael Obersteiner, Jana Szolgayova, An Integrated CVaR and Real Options Approach to Investments in the Energy Sector The Journal of Energy Markets. ,vol. 1, pp. 61- 85 ,(2008) , 10.21314/JEM.2008.007
Marc Poumadère, Raquel Bertoldo, Jaleh Samadi, Public perceptions and governance of controversial technologies to tackle climate change: nuclear power, carbon capture and storage, wind, and geoengineering Wiley Interdisciplinary Reviews: Climate Change. ,vol. 2, pp. 712- 727 ,(2011) , 10.1002/WCC.134
S.M Rashad, F.H Hammad, Nuclear power and the environment: comparative assessment of environmental and health impacts of electricity-generating systems Applied Energy. ,vol. 65, pp. 211- 229 ,(2000) , 10.1016/S0306-2619(99)00069-0
G HEINRICH, M HOWELLS, L BASSON, J PETRIE, Electricity supply industry modelling for multiple objectives under demand growth uncertainty Energy. ,vol. 32, pp. 2210- 2229 ,(2007) , 10.1016/J.ENERGY.2007.05.007
David Adam, Parochial energy policy Nature Climate Change. ,vol. 1, pp. 230- 232 ,(2011) , 10.1038/NCLIMATE1186
Takashi Kanamura, A supply and demand based volatility model for energy prices Energy Economics. ,vol. 31, pp. 736- 747 ,(2009) , 10.1016/J.ENECO.2009.04.001
Eva Regnier, Oil and energy price volatility Energy Economics. ,vol. 29, pp. 405- 427 ,(2007) , 10.1016/J.ENECO.2005.11.003
Athanasios A. Rentizelas, Athanasios I. Tolis, Ilias P. Tatsiopoulos, Investment planning in electricity production under CO2 price uncertainty International Journal of Production Economics. ,vol. 140, pp. 622- 629 ,(2012) , 10.1016/J.IJPE.2010.11.002