Strategic Power Plant Investment Planning Under Fuel and Carbon Price Uncertainty

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  • Strategic Power Plant Investment Planning Under Fuel and Carbon Price Uncertainty Book Detail

  • Author : Ansgar Geiger
  • Release Date : 2014-08-20
  • Publisher : KIT Scientific Publishing
  • Genre : Mathematics
  • Pages : 338
  • ISBN 13 : 3866446330
  • File Size : 45,45 MB

Strategic Power Plant Investment Planning Under Fuel and Carbon Price Uncertainty by Ansgar Geiger PDF Summary

Book Description: 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.

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Practitioner Perspectives Matter

Practitioner Perspectives Matter

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This dissertation examines the influence of attitudes, beliefs, and preferences of energy industry practitioners on investment decision-making with regard to fu