Mostrar el registro sencillo del ítem

dc.contributor.authorBakke, Idaes-ES
dc.contributor.authorFleten, Stein Erikes-ES
dc.contributor.authorHagfors, Lars Ivares-ES
dc.contributor.authorHagspiel, Verenaes-ES
dc.contributor.authorNorheim, Beatees-ES
dc.contributor.authorWogrin, Sonjaes-ES
dc.date.accessioned2016-12-01T04:06:41Z
dc.date.available2016-12-01T04:06:41Z
dc.date.issued01/07/2016es_ES
dc.identifier.issn1619-6988es_ES
dc.identifier.urihttp://hdl.handle.net/11531/15526
dc.descriptionArtículos en revistases_ES
dc.description.abstractes-ES
dc.description.abstractIn this paper we develop a real options approach to evaluate the profitability of investing in a battery bank. The approach determines the optimal investment timing under conditions of uncertain future revenues and investment cost. It includes time arbitrage of the spot price and profits by providing ancillary services. Current studies of battery banks are limited, because they do not consider the uncertainty and the possibility of operating in both markets at the same time. We confirm previous research in the sense that when a battery bank participates in the spot market alone, the revenues are not sufficient to cover the initial investment cost. However, under the condition that the battery bank also can receive revenues from the balancing market, both the net present value (NPV) and the real options value are positive. The real options value is higher than the NPV, confirming the value of flexible investment timing when both revenues and investment cost are uncertain.en-GB
dc.format.mimetypeapplication/pdfes_ES
dc.language.isoen-GBes_ES
dc.rightses_ES
dc.rights.uries_ES
dc.sourceRevista: Computational Management Science, Periodo: 1, Volumen: 13, Número: 3, Página inicial: 483, Página final: 500es_ES
dc.subject.otherInstituto de Investigación Tecnológica (IIT)es_ES
dc.titleInvestment in electric energy storage under uncertainty: a real options approaches_ES
dc.typeinfo:eu-repo/semantics/articlees_ES
dc.description.versioninfo:eu-repo/semantics/publishedVersiones_ES
dc.rights.accessRightsinfo:eu-repo/semantics/restrictedAccesses_ES
dc.keywordses-ES
dc.keywordsReal options ; Electric energy storage; Markov regime switching; Economic dispatch; Least squares Monte Carloen-GB


Ficheros en el ítem

Thumbnail

Este ítem aparece en la(s) siguiente(s) colección(ones)

  • Artículos
    Artículos de revista, capítulos de libro y contribuciones en congresos publicadas.

Mostrar el registro sencillo del ítem