Investment in renewable energy considering game theory and wind-hydro diversification

This paper explores the relationship among resource complementarity, diversification and strategic investment in a power market with two energy sources: water and wind. A review of diversification studies shows that the strategic aspects of investment, which arise from the oligopolistic structure of...

Full description

Bibliographic Details
Main Authors: Claudia María García Mazo, Yris Olaya, Sergio Botero Botero
Format: Article
Language:English
Published: Elsevier 2020-03-01
Series:Energy Strategy Reviews
Online Access:http://www.sciencedirect.com/science/article/pii/S2211467X20300018