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A real options approach to generation capacity expansion in imperfectly competitive electricity markets
Helene K. Brondbo, Axel Storebo,
Trine Krogh Boomsma
, Christian Skar, Stein-Erik Fleten
Institut for Matematiske Fag
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Matematik
Capacity Expansion
100%
Real Options
97%
Electricity Market
97%
Market
59%
Trigger
40%
Demand
39%
Business
21%
Incentive Mechanism
20%
Demand Uncertainty
18%
Electricity
13%
Availability
10%
Doubling
10%
Expand
10%
Time-varying
9%
Fluctuations
9%
Framework
5%
Model
3%
Erhverv og økonomi
Capacity Expansion
72%
Real Options
58%
Electricity Market
57%
Trigger
39%
Power Market
35%
Market Power
27%
Price-taking
20%
Rationing
18%
Incentive Mechanism
17%
Electricity Price
16%
Fluctuations
15%
Demand Uncertainty
15%
Time-varying
13%
Market Price
12%
Market Share
11%
Payment
10%
Teknik og materialevidenskab
Power markets
61%
Electricity
14%
Availability
13%
Uncertainty
12%