Power transmission investment under uncertainty: A Real Option framework
作者： Rolando Pringles , Fernando Olsina , Francisco Garces
DOI: 10.1109/ISAP.2015.7325571
关键词: Flexibility (engineering) 、 Microeconomics 、 Power transmission 、 Economics 、 Electric power system 、 Risk analysis (engineering) 、 Market power 、 Transmission system 、 Electricity market 、 Electric power transmission 、 Investment (macroeconomics)
摘要: Transmission power system plays a critical role in competitive electricity markets. It promotes competition among generators, mitigates market of generators and allows an efficient sustainable use the primary energy resources. Currently, decision making on building new grid infrastructure is affected by many uncertainties. Under these circumstances, timely expansion electrical systems challenging task. This work presents methodology for evaluating transmission investments environment great uncertainty considering flexibility decision-making. incorporates real options analysis to evaluate flexible assets. The main focus shows some application assessments capacity investment Flexibility embedded projects, such as option defer, expand compound options, appraised. results study emphasize importance value projects. Finally, design compensation mechanisms that encourage shown.
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