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Real options valuation applied to transmission expansion planning
Lumbreras Sancho, Sara; Bunn, Derek W.; Ramos Galán, Andrés; Chronopoulos, Michail (Association des Economistes de l'Energie (París, Francia), 04/06/2015)Transmission Expansion Planning (TEP) is a complex problem where building a new line involves a long permitting process of around 10 years. Therefore, transmission expansion must anticipate the evolution of uncertainties ... -
Short-term electricity price forecasting with recurrent regimes and structural breaks
Marcos Peirotén, Rodrigo Alejandro de; Bunn, Derek W.; Bello Morales, Antonio; Reneses Guillén, JavierThis paper develops a new approach to short-term electricity forecasting by focussing upon the dynamic specification of an appropriate calibration dataset prior to model specification. It challenges the conventional ...