| 来源类型 | Article |
| 规范类型 | 其他 |
| DOI | 10.1016/j.rfe.2004.12.001 |
| Real options and the value of generation capacity in the German electricity market. | |
| Hlouskova J; Kossmeier S; Obersteiner M; Schnabl A | |
| 发表日期 | 2005 |
| 出处 | Review of Financial Economics 14 (3): 297-310 |
| 出版年 | 2005 |
| 语种 | 英语 |
| 摘要 | In this paper we implement a real options model for the unit commitment problem of an electricity producing turbine in a liberalized market. The model accounts for various operating constraints of the turbine. Price uncertainty is captured by a mean reverting process with jumps and time-varying means to account for seasonality. We demonstrate how the model can be used to value an electricity producing turbine, make profit-maximizing commitment decisions and compute risk profiles of generating assets for risk management purposes. |
| 主题 | Forestry (FOR) |
| URL | http://pure.iiasa.ac.at/id/eprint/7467/ |
| 来源智库 | International Institute for Applied Systems Analysis (Austria) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/128432 |
| 推荐引用方式 GB/T 7714 | Hlouskova J,Kossmeier S,Obersteiner M,et al. Real options and the value of generation capacity in the German electricity market.. 2005. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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