The Valuation of the Operational Flexibility of the Energy Investment Project Based on a Gas-Fired Power Plant

This paper presents an attempt to the valuation of the operational flexibility of the energy investment project based on the example of combined cycle gas turbine (CCGT). For this purpose, the real options approach (ROA), net present value (NPV) method, and the Monte Carlo (MC) simulation have been...

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Bibliographic Details
Main Authors: Dominik Kryzia, Michał Kopacz, Katarzyna Kryzia
Format: Article
Language:English
Published: MDPI AG 2020-03-01
Series:Energies
Subjects:
Online Access:https://www.mdpi.com/1996-1073/13/7/1567