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Strategic Power Plant Investment Planning under Fuel and Carbon Price Uncertainty.

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Pages: 334

Language: English

Book format: An electronic version of a printed book that can be read on a computer or handheld device designed specifically for this purpose.

Publisher: KIT Scientific Publishing (11 May 2011)

By: Ansgar Geiger (Author)

The profitability of power plant investments depends strongly on uncertain fuel and carbon prices. In this doctoral thesis, we combine fundamental electricity market models with stochastic dynamic programming to evaluate power plant investments under uncertainty. The application of interpolation-based stochastic dynamic programming and approximate dynamic programming allows us to consider a greater variety of stochastic fuel and carbon price scenarios compared to other approaches.

Read online or download a free book: Strategic Power Plant Investment Planning under Fuel and Carbon Price Uncertainty.pdf

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