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Minimum-cost-based capacity planning: does annualized capital expenditure always yield full cost recovery with marginal pricing? (extended version)
Centeno Hernáez, Efraim; Campos Fernández, Francisco Alberto; Maguregui, Javier; Fernández Palomino, Luis Jesús; Wogrin, SonjaThis paper compares three ways of dealing with the annualization of investment cost (CapEx) when analyzing minimum-cost capacity expansion planning. The first is the classic single-year annualized cost representation, while ... -
Minimum-cost-based electricity generation capacity planning: does annualized investment cost always yield full cost recovery with marginal pricing?
Centeno Hernáez, Efraim; Campos Fernández, Francisco Alberto; Maguregui, Javier; Wogrin, SonjaThis papers presents some advances in answering the question of cost recovery of investments for the optimal technological mix in electricity systems.