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    • Investment in electric energy storage under uncertainty: a real options approach 

      Bakke, Ida; Fleten, Stein Erik; Hagfors, Lars Ivar; Hagspiel, Verena; Norheim, Beate; Wogrin, Sonja (01/07/2016)
      In 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 ...