Working paper icon

Working paper

Investment in electricity generation under emissions price uncertainty : the plant-type decision

Subtitle:
OIES paper: EV39
Abstract:

This paper investigates the effects of uncertain emissions prices on the plant-type investment decision of an electricity generating firm. It is assumed that the firm faces an investment deadline and is deciding between "clean" and "dirty" generating alternatives, with the dirty option being more profitable in the absence of emissions regulation. Two models are presented in which the policy variable, the carbon dioxide (CO2) price, is assumed to evolve according to two different stochastic pr...

Expand abstract
Publication status:
Published
Peer review status:
Reviewed (other)
Version:
Publisher's version

Actions


Access Document


Files:

Authors


More by this author
Institution:
University of Oxford
Research group:
Oxford Institute for Energy Studies
Publisher:
Oxford Institute for Energy Studies Publisher's website
Publication date:
2008
URN:
uuid:113f38ca-122e-4aca-9f21-0803790a9d36
Local pid:
ora:10578
ISBN:
978-1-901795-77-2

Terms of use


Metrics



If you are the owner of this record, you can report an update to it here: Report update to this record

TO TOP