Strategic Power Plant Investment Planning Under Fuel and Carbon Price Uncertainty
Download or Read eBook Strategic Power Plant Investment Planning Under Fuel and Carbon Price Uncertainty PDF written by Ansgar Geiger and published by KIT Scientific Publishing. This book was released on 2014-08-20 with total page 338 pages. Available in PDF, EPUB and Kindle.
| Author | : Ansgar Geiger |
| Publisher | : KIT Scientific Publishing |
| Total Pages | : 338 |
| Release | : 2014-08-20 |
| ISBN-10 | : 9783866446335 |
| ISBN-13 | : 3866446330 |
| Rating | : 4/5 (35 Downloads) |
Book Synopsis Strategic Power Plant Investment Planning Under Fuel and Carbon Price Uncertainty by : Ansgar Geiger
Book excerpt: 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.
