메뉴 건너뛰기




Volumn 30, Issue 4, 2008, Pages 1882-1908

A real options evaluation model for the diffusion prospects of new renewable power generation technologies

Author keywords

Dynamic programming; Investment planning; Learning curve; Real options; Renewable energy technology diffusion; Turkey

Indexed keywords

DYNAMIC PROGRAMMING; ELECTRIC POWER GENERATION; INVESTMENTS; OPERATING COSTS; RENEWABLE ENERGY RESOURCES;

EID: 43449098524     PISSN: 01409883     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.eneco.2006.10.009     Document Type: Article
Times cited : (195)

References (101)
  • 1
    • 0242526820 scopus 로고    scopus 로고
    • A review of geothermal energy in Turkey
    • Acar H.I. A review of geothermal energy in Turkey. Energy Sources 25 11 (2003) 1083-1088
    • (2003) Energy Sources , vol.25 , Issue.11 , pp. 1083-1088
    • Acar, H.I.1
  • 2
    • 28444465508 scopus 로고    scopus 로고
    • Electricity consumption and economic growth: evidence from Turkey
    • Altinay G., and Karagol E. Electricity consumption and economic growth: evidence from Turkey. Energy Economics 27 6 (2005) 849-885
    • (2005) Energy Economics , vol.27 , Issue.6 , pp. 849-885
    • Altinay, G.1    Karagol, E.2
  • 3
    • 0036027421 scopus 로고    scopus 로고
    • The impact of delivery lags on irreversible investment under uncertainty
    • Alvarez L.H.R., and Keppo J. The impact of delivery lags on irreversible investment under uncertainty. European Journal of Operational Research 136 1 (2002) 173-180
    • (2002) European Journal of Operational Research , vol.136 , Issue.1 , pp. 173-180
    • Alvarez, L.H.R.1    Keppo, J.2
  • 4
    • 0025021555 scopus 로고
    • Learning curves in manufacturing
    • Argote L., and Epple D. Learning curves in manufacturing. Science 247 4945 (1990) 920-924
    • (1990) Science , vol.247 , Issue.4945 , pp. 920-924
    • Argote, L.1    Epple, D.2
  • 5
    • 0035480079 scopus 로고    scopus 로고
    • Endogenising emission taxes: a general equilibrium type optimisation model applied for Turkey
    • Ari{dotless}kan Y., and Kumbaroǧlu G. Endogenising emission taxes: a general equilibrium type optimisation model applied for Turkey. Energy Policy 29 12 (2001) 1045-1056
    • (2001) Energy Policy , vol.29 , Issue.12 , pp. 1045-1056
    • Arikan, Y.1    Kumbaroǧlu, G.2
  • 7
    • 3042731519 scopus 로고    scopus 로고
    • Endogenizing RD and market experience in the "bottom-up" energy-systems ERIS model
    • Barreto L., and Kypreos S. Endogenizing RD and market experience in the "bottom-up" energy-systems ERIS model. Technovation 24 8 (2004) 615-629
    • (2004) Technovation , vol.24 , Issue.8 , pp. 615-629
    • Barreto, L.1    Kypreos, S.2
  • 8
    • 2442661929 scopus 로고    scopus 로고
    • Emissions trading and technology deployment in an energy-systems "bottom-up" model with technology learning
    • Barreto L., and Kypreos S. Emissions trading and technology deployment in an energy-systems "bottom-up" model with technology learning. European Journal of Operational Research 158 1 (2004) 243-261
    • (2004) European Journal of Operational Research , vol.158 , Issue.1 , pp. 243-261
    • Barreto, L.1    Kypreos, S.2
  • 10
    • 43449101033 scopus 로고    scopus 로고
    • Botterud, A., 2003. Long-Term Planning in Restructured Power Systems. Dynamic Modelling of Investments in New Power Generation under Uncertainty. PhD thesis, The Norwegian University of Science and Technology (NTNU), Trondheim.
    • Botterud, A., 2003. Long-Term Planning in Restructured Power Systems. Dynamic Modelling of Investments in New Power Generation under Uncertainty. PhD thesis, The Norwegian University of Science and Technology (NTNU), Trondheim.
  • 12
    • 0035480153 scopus 로고    scopus 로고
    • A model-based analysis of strategic consolidation in the German electricity industry
    • Bower J., Bunn D.W., and Wattendrup C. A model-based analysis of strategic consolidation in the German electricity industry. Energy Policy 29 12 (2001) 987-1005
    • (2001) Energy Policy , vol.29 , Issue.12 , pp. 987-1005
    • Bower, J.1    Bunn, D.W.2    Wattendrup, C.3
  • 15
    • 0036266455 scopus 로고    scopus 로고
    • Sustainable developments of hydropower energy in Turkey
    • Demirbaş A. Sustainable developments of hydropower energy in Turkey. Energy Sources 24 1 (2002) 27-40
    • (2002) Energy Sources , vol.24 , Issue.1 , pp. 27-40
    • Demirbaş, A.1
  • 16
    • 0036901875 scopus 로고    scopus 로고
    • Turkey's geothermal energy potential
    • Demirbaş A. Turkey's geothermal energy potential. Energy Sources 24 12 (2002) 1107-1115
    • (2002) Energy Sources , vol.24 , Issue.12 , pp. 1107-1115
    • Demirbaş, A.1
  • 17
    • 43449107177 scopus 로고    scopus 로고
    • Demirel, M.L., 2005. Electricity Generation Investment Planning under Uncertainty: A Real Options Application for Turkey, M.Sc. thesis, Boǧaziçi University, Department of Industrial Engineering, Istanbul.
    • Demirel, M.L., 2005. Electricity Generation Investment Planning under Uncertainty: A Real Options Application for Turkey, M.Sc. thesis, Boǧaziçi University, Department of Industrial Engineering, Istanbul.
  • 19
    • 0000068350 scopus 로고
    • Treating progress functions as a managerial opportunity
    • Dutton J.M., and Thomas A. Treating progress functions as a managerial opportunity. Academy of Management Review 9 2 (1984) 235-247
    • (1984) Academy of Management Review , vol.9 , Issue.2 , pp. 235-247
    • Dutton, J.M.1    Thomas, A.2
  • 20
    • 0035501795 scopus 로고    scopus 로고
    • From planning to strategy in the electricity industry
    • Dyner I., and Larsen E.R. From planning to strategy in the electricity industry. Energy Policy 29 13 (2001) 1145-1153
    • (2001) Energy Policy , vol.29 , Issue.13 , pp. 1145-1153
    • Dyner, I.1    Larsen, E.R.2
  • 22
    • 0033133934 scopus 로고    scopus 로고
    • Renewable energy potential as an alternative to fossil fuels in Turkey
    • Ediger V.S., and Kentel E. Renewable energy potential as an alternative to fossil fuels in Turkey. Energy Conversion and Management 40 7 (1999) 743-755
    • (1999) Energy Conversion and Management , vol.40 , Issue.7 , pp. 743-755
    • Ediger, V.S.1    Kentel, E.2
  • 24
    • 0037997538 scopus 로고    scopus 로고
    • Assessing the potential of renewable energy sources in Turkey
    • Evrendilek F., and Ertekin C. Assessing the potential of renewable energy sources in Turkey. Renewable Energy 28 15 (2003) 2303-2315
    • (2003) Renewable Energy , vol.28 , Issue.15 , pp. 2303-2315
    • Evrendilek, F.1    Ertekin, C.2
  • 25
    • 0002369216 scopus 로고
    • Risk-adjusted discount rates and capital budgeting under uncertainty
    • Fama E. Risk-adjusted discount rates and capital budgeting under uncertainty. Journal of Financial Economics 5 1 (1977) 3-24
    • (1977) Journal of Financial Economics , vol.5 , Issue.1 , pp. 3-24
    • Fama, E.1
  • 26
    • 0040520935 scopus 로고    scopus 로고
    • Discounting under uncertainty
    • Fama E. Discounting under uncertainty. The Journal of Business 69 4 (1996) 415-428
    • (1996) The Journal of Business , vol.69 , Issue.4 , pp. 415-428
    • Fama, E.1
  • 27
    • 0035511018 scopus 로고    scopus 로고
    • The importance of an active demand side in the electricity industry
    • Fraser H. The importance of an active demand side in the electricity industry. The Electricity Journal 14 9 (2001) 52-73
    • (2001) The Electricity Journal , vol.14 , Issue.9 , pp. 52-73
    • Fraser, H.1
  • 28
    • 0346485713 scopus 로고    scopus 로고
    • What is it worth? Application of real options theory to the valuation of generation assets
    • Frayer J., and Uludere N.Z. What is it worth? Application of real options theory to the valuation of generation assets. The Electricity Journal 14 8 (2001) 40-51
    • (2001) The Electricity Journal , vol.14 , Issue.8 , pp. 40-51
    • Frayer, J.1    Uludere, N.Z.2
  • 30
    • 0141640811 scopus 로고    scopus 로고
    • 2 mitigation costs of large-scale bioenergy technologies in competitive electricity markets
    • 2 mitigation costs of large-scale bioenergy technologies in competitive electricity markets. Energy-The International Journal 28 4 (2003) 1405-1425
    • (2003) Energy-The International Journal , vol.28 , Issue.4 , pp. 1405-1425
    • Gustavsson, L.1    Madlener, R.2
  • 31
    • 0017000884 scopus 로고
    • The relationship between price and extraction cost for a resource with a backstop technology
    • Heal G. The relationship between price and extraction cost for a resource with a backstop technology. The Bell Journal of Economics 7 2 (1976) 371-378
    • (1976) The Bell Journal of Economics , vol.7 , Issue.2 , pp. 371-378
    • Heal, G.1
  • 32
    • 2642552299 scopus 로고    scopus 로고
    • Development of geothermal energy utilization in Turkey: a review
    • Hepbasli A., and Ozgener L. Development of geothermal energy utilization in Turkey: a review. Renewable and Sustainable Energy Reviews 8 5 (2004) 433-460
    • (2004) Renewable and Sustainable Energy Reviews , vol.8 , Issue.5 , pp. 433-460
    • Hepbasli, A.1    Ozgener, L.2
  • 33
    • 0035437224 scopus 로고    scopus 로고
    • Present status and potential of renewable energy sources in Turkey
    • Hepbasli A., Ozdamar A., and Ozalp N. Present status and potential of renewable energy sources in Turkey. Energy Sources 23 7 (2001) 631-648
    • (2001) Energy Sources , vol.23 , Issue.7 , pp. 631-648
    • Hepbasli, A.1    Ozdamar, A.2    Ozalp, N.3
  • 34
    • 0036777644 scopus 로고    scopus 로고
    • Explaining learning curves for wind power
    • Ibenholt K. Explaining learning curves for wind power. Energy Policy 30 13 (2002) 1181-1189
    • (2002) Energy Policy , vol.30 , Issue.13 , pp. 1181-1189
    • Ibenholt, K.1
  • 43
    • 3843059406 scopus 로고    scopus 로고
    • Global experience curves for wind farms
    • Junginger M., Faaij A., and Turkenburg W.C. Global experience curves for wind farms. Energy Policy 33 2 (2005) 133-150
    • (2005) Energy Policy , vol.33 , Issue.2 , pp. 133-150
    • Junginger, M.1    Faaij, A.2    Turkenburg, W.C.3
  • 45
    • 3242737702 scopus 로고    scopus 로고
    • Notions on learning applied to wind turbine development in the Netherlands and Denmark
    • Kamp L.M., Smits R., and Andriesse C.D. Notions on learning applied to wind turbine development in the Netherlands and Denmark. Energy Policy 32 14 (2004) 1625-1637
    • (2004) Energy Policy , vol.32 , Issue.14 , pp. 1625-1637
    • Kamp, L.M.1    Smits, R.2    Andriesse, C.D.3
  • 46
    • 0006848145 scopus 로고
    • Valuing flexibility in utility planning
    • Kaslow T.W., and Pindyck R.S. Valuing flexibility in utility planning. The Electricity Journal 7 2 (1994) 60-65
    • (1994) The Electricity Journal , vol.7 , Issue.2 , pp. 60-65
    • Kaslow, T.W.1    Pindyck, R.S.2
  • 47
    • 0036731855 scopus 로고    scopus 로고
    • Sustainable development of hydroelectric power
    • Kaygusuz K. Sustainable development of hydroelectric power. Energy Sources 24 9 (2002) 803-815
    • (2002) Energy Sources , vol.24 , Issue.9 , pp. 803-815
    • Kaygusuz, K.1
  • 48
    • 0036606303 scopus 로고    scopus 로고
    • Energy and sustainable development in Turkey. Part I: energy utilization and sustainability
    • Kaygusuz K., and Kaygusuz A. Energy and sustainable development in Turkey. Part I: energy utilization and sustainability. Energy Sources 24 6 (2002) 483-498
    • (2002) Energy Sources , vol.24 , Issue.6 , pp. 483-498
    • Kaygusuz, K.1    Kaygusuz, A.2
  • 50
    • 0036668268 scopus 로고    scopus 로고
    • Biomass energy potential in Turkey
    • Kaygusuz K., and Türker M.F. Biomass energy potential in Turkey. Renewable Energy 26 4 (2002) 661-678
    • (2002) Renewable Energy , vol.26 , Issue.4 , pp. 661-678
    • Kaygusuz, K.1    Türker, M.F.2
  • 51
    • 0141671729 scopus 로고    scopus 로고
    • Real options and a large producer: the case of electricity markets
    • Keppo J., and Lu H. Real options and a large producer: the case of electricity markets. Energy Economics 25 5 (2003) 459-472
    • (2003) Energy Economics , vol.25 , Issue.5 , pp. 459-472
    • Keppo, J.1    Lu, H.2
  • 53
    • 43449116747 scopus 로고    scopus 로고
    • The empirics and implications of technological learning for renewable energy technology cost forecasting
    • Kobos P.H. The empirics and implications of technological learning for renewable energy technology cost forecasting. IAEE Newsletter No. 3/2003 (2003) 24-27
    • (2003) IAEE Newsletter No. 3/2003 , pp. 24-27
    • Kobos, P.H.1
  • 54
    • 33645916415 scopus 로고    scopus 로고
    • Technological learning and renewable energy costs: implications for US renewable energy policy
    • Kobos P.H., Erickson J.D., and Drennen T.E. Technological learning and renewable energy costs: implications for US renewable energy policy. Energy Policy 34 13 (2006) 1645-1658
    • (2006) Energy Policy , vol.34 , Issue.13 , pp. 1645-1658
    • Kobos, P.H.1    Erickson, J.D.2    Drennen, T.E.3
  • 55
    • 0031248924 scopus 로고    scopus 로고
    • A model for long-term global air quality and development of efficient control strategies in Turkey
    • Kumbaroǧlu G.S. A model for long-term global air quality and development of efficient control strategies in Turkey. European Journal of Operational Research 102 2 (1997) 380-392
    • (1997) European Journal of Operational Research , vol.102 , Issue.2 , pp. 380-392
    • Kumbaroǧlu, G.S.1
  • 56
    • 0344441834 scopus 로고    scopus 로고
    • Environmental taxation and economic effects: a computable general equilibrium analysis for Turkey
    • Kumbaroǧlu G. Environmental taxation and economic effects: a computable general equilibrium analysis for Turkey. Journal of Policy Modeling 25 8 (2003) 795-810
    • (2003) Journal of Policy Modeling , vol.25 , Issue.8 , pp. 795-810
    • Kumbaroǧlu, G.1
  • 57
    • 43449085040 scopus 로고    scopus 로고
    • The clean development mechanism as a useful initiative to promote the development of sustainable environment projects with public-private participation: experiences from Turkey
    • Kumbaroǧlu G., Ari{dotless}kan Y., and Sunam A. The clean development mechanism as a useful initiative to promote the development of sustainable environment projects with public-private participation: experiences from Turkey. Proceedings of the 1st UN Global Compact Academic Conference, Wharton, PA, October 2004 (2004)
    • (2004) Proceedings of the 1st UN Global Compact Academic Conference, Wharton, PA, October 2004
    • Kumbaroǧlu, G.1    Arikan, Y.2    Sunam, A.3
  • 58
    • 17644426615 scopus 로고    scopus 로고
    • Modeling experience curves in MERGE (model for evaluating regional and global effects)
    • Kypreos S. Modeling experience curves in MERGE (model for evaluating regional and global effects). Energy - The International Journal 30 14 (2004) 2721-2737
    • (2004) Energy - The International Journal , vol.30 , Issue.14 , pp. 2721-2737
    • Kypreos, S.1
  • 59
    • 32044435821 scopus 로고    scopus 로고
    • Emissions trading and investment decisions in the power sector - a case study for Finland
    • Laurikka H., and Koljonen T. Emissions trading and investment decisions in the power sector - a case study for Finland. Energy Policy 34 9 (2006) 1063-1074
    • (2006) Energy Policy , vol.34 , Issue.9 , pp. 1063-1074
    • Laurikka, H.1    Koljonen, T.2
  • 60
    • 43449113999 scopus 로고    scopus 로고
    • Impacts of market liberalisation on the electricity supply sector: a comparison of lessons learned in Germany and Austria
    • Madlener R., and Jochem E. Impacts of market liberalisation on the electricity supply sector: a comparison of lessons learned in Germany and Austria. ENER Bulletin 24.01 (May) (2001) 24-30
    • (2001) ENER Bulletin 24.01 (May) , pp. 24-30
    • Madlener, R.1    Jochem, E.2
  • 61
    • 12744281256 scopus 로고    scopus 로고
    • Modeling technology adoption as an irreversible investment under uncertainty: the case of the Turkish electricity supply industry
    • Madlener R., Kumbaroglu G., and Ediger V. Modeling technology adoption as an irreversible investment under uncertainty: the case of the Turkish electricity supply industry. Energy Economics 27 1 (2005) 139-163
    • (2005) Energy Economics , vol.27 , Issue.1 , pp. 139-163
    • Madlener, R.1    Kumbaroglu, G.2    Ediger, V.3
  • 62
    • 43449122853 scopus 로고    scopus 로고
    • Marathe, A., Barrett, C., 2001. Market Power in Power Market, Los Alamos National Library, Technical Report No. LA-UR-01-4335.
    • Marathe, A., Barrett, C., 2001. Market Power in Power Market, Los Alamos National Library, Technical Report No. LA-UR-01-4335.
  • 63
    • 0034745447 scopus 로고    scopus 로고
    • Learning rates for energy technologies
    • McDonald A., and Schrattenholzer L. Learning rates for energy technologies. Energy Policy 29 4 (2001) 255-261
    • (2001) Energy Policy , vol.29 , Issue.4 , pp. 255-261
    • McDonald, A.1    Schrattenholzer, L.2
  • 64
    • 0031231896 scopus 로고    scopus 로고
    • Endogenized technological learning in an energy systems model
    • Messner S. Endogenized technological learning in an energy systems model. Journal of Evolutionary Economics 7 3 (1997) 291-313
    • (1997) Journal of Evolutionary Economics , vol.7 , Issue.3 , pp. 291-313
    • Messner, S.1
  • 67
    • 29444431746 scopus 로고    scopus 로고
    • Flexibility and technology choice in gas fired power plant investments
    • Näsäkkälä E., and Fleten S.-E. Flexibility and technology choice in gas fired power plant investments. Review of Financial Economics 14 3-4 (2005) 371-393
    • (2005) Review of Financial Economics , vol.14 , Issue.3-4 , pp. 371-393
    • Näsäkkälä, E.1    Fleten, S.-E.2
  • 68
    • 0031448359 scopus 로고    scopus 로고
    • Use of experience curves to analyse the prospects for diffusion and adoption of renewable energy technology
    • Neij L. Use of experience curves to analyse the prospects for diffusion and adoption of renewable energy technology. Energy Policy 25 13 (1997) 1099-1107
    • (1997) Energy Policy , vol.25 , Issue.13 , pp. 1099-1107
    • Neij, L.1
  • 69
  • 70
    • 0010930505 scopus 로고
    • Induced technical change: a programming approach
    • Schurr S.H., Sonnenblum S., and Wood D.O. (Eds), Oelgeschlager, Gunn & Hain, Cambridge, MA
    • Nordhaus W.D., and Van der Heyden L. Induced technical change: a programming approach. In: Schurr S.H., Sonnenblum S., and Wood D.O. (Eds). Energy, Productivity, and Economic Growth (1983), Oelgeschlager, Gunn & Hain, Cambridge, MA 379-404
    • (1983) Energy, Productivity, and Economic Growth , pp. 379-404
    • Nordhaus, W.D.1    Van der Heyden, L.2
  • 71
    • 0242317234 scopus 로고    scopus 로고
    • Energy sector and wind energy potential in Turkey
    • Oǧulata R.T. Energy sector and wind energy potential in Turkey. Renewable and Sustainable Energy Reviews 7 6 (2003) 469-484
    • (2003) Renewable and Sustainable Energy Reviews , vol.7 , Issue.6 , pp. 469-484
    • Oǧulata, R.T.1
  • 72
    • 0036905597 scopus 로고    scopus 로고
    • Solar energy potential in Turkey
    • Oǧulata R.T., and Oǧulata S.N. Solar energy potential in Turkey. Energy Sources 24 12 (2002) 1055-1064
    • (2002) Energy Sources , vol.24 , Issue.12 , pp. 1055-1064
    • Oǧulata, R.T.1    Oǧulata, S.N.2
  • 73
    • 33645085606 scopus 로고    scopus 로고
    • Modeling long-term dynamics of electricity markets
    • Olsina F., Garcés F., and Haubrich H.-J. Modeling long-term dynamics of electricity markets. Energy Policy 34 12 (2006) 1411-1433
    • (2006) Energy Policy , vol.34 , Issue.12 , pp. 1411-1433
    • Olsina, F.1    Garcés, F.2    Haubrich, H.-J.3
  • 74
    • 0036903528 scopus 로고    scopus 로고
    • Current status and future directions of wind energy applications in Turkey
    • Ozgener O., and Hepbasli A. Current status and future directions of wind energy applications in Turkey. Energy Sources 24 12 (2002) 1117-1129
    • (2002) Energy Sources , vol.24 , Issue.12 , pp. 1117-1129
    • Ozgener, O.1    Hepbasli, A.2
  • 75
    • 33746575663 scopus 로고    scopus 로고
    • Past, present and future status of electricity in Turkey and the share of energy sources
    • Ozturk H.K., Yilanci A., and Atalay O. Past, present and future status of electricity in Turkey and the share of energy sources. Renewable and Sustainable Energy Reviews 11 2 (2007) 183-209
    • (2007) Renewable and Sustainable Energy Reviews , vol.11 , Issue.2 , pp. 183-209
    • Ozturk, H.K.1    Yilanci, A.2    Atalay, O.3
  • 76
    • 43449104831 scopus 로고    scopus 로고
    • Paşaoǧlu, G., 2006. A Simulation Model for Long-term Analysis of the Electricity Market, Ph.D. thesis, Boǧaziçi University, Department of Industrial Engineering, Istanbul.
    • Paşaoǧlu, G., 2006. A Simulation Model for Long-term Analysis of the Electricity Market, Ph.D. thesis, Boǧaziçi University, Department of Industrial Engineering, Istanbul.
  • 78
    • 0032673708 scopus 로고    scopus 로고
    • The long-run evolution of energy prices
    • Pindyck R.S. The long-run evolution of energy prices. The Energy Journal 20 2 (1999) 1-27
    • (1999) The Energy Journal , vol.20 , Issue.2 , pp. 1-27
    • Pindyck, R.S.1
  • 80
    • 0038405081 scopus 로고    scopus 로고
    • Market power and demand responsiveness: letting customers protect themselves
    • Rosenzweig M.B., Fraser H., Falk J., and Voll S.P. Market power and demand responsiveness: letting customers protect themselves. The Electricity Journal 16 4 (2003) 11-23
    • (2003) The Electricity Journal , vol.16 , Issue.4 , pp. 11-23
    • Rosenzweig, M.B.1    Fraser, H.2    Falk, J.3    Voll, S.P.4
  • 81
    • 1942500445 scopus 로고    scopus 로고
    • Optimization under uncertainty: state-of-the-art and opportunities
    • Sahinidis N.V. Optimization under uncertainty: state-of-the-art and opportunities. Computers & Chemical Engineering 28 6-7 (2004) 971-983
    • (2004) Computers & Chemical Engineering , vol.28 , Issue.6-7 , pp. 971-983
    • Sahinidis, N.V.1
  • 83
    • 43449106002 scopus 로고    scopus 로고
    • Real Options Valuation. The Importance of Interest Rate Modelling in Theory and Practice
    • Springer, Berlin, Heidelberg, New York
    • Schulmerich M. Real Options Valuation. The Importance of Interest Rate Modelling in Theory and Practice. Lecture Notes in Economics and Mathematical Systems vol. 559 (2005), Springer, Berlin, Heidelberg, New York
    • (2005) Lecture Notes in Economics and Mathematical Systems , vol.559
    • Schulmerich, M.1
  • 84
    • 0003854577 scopus 로고    scopus 로고
    • Schwartz E.S., and Trigeorgis L. (Eds), MIT Press, Cambridge, MA
    • In: Schwartz E.S., and Trigeorgis L. (Eds). Real Options and Investment under Uncertainty (2001), MIT Press, Cambridge, MA
    • (2001) Real Options and Investment under Uncertainty
  • 85
    • 0002985155 scopus 로고    scopus 로고
    • Endogenous learning and technology clustering: analysis with MARKAL model of the Western European energy system
    • Seebregts A.J., Bos J., Kram T., and Schaeffer G. Endogenous learning and technology clustering: analysis with MARKAL model of the Western European energy system. International Journal of Global Energy Issues 14 1-4 (2000) 289-319
    • (2000) International Journal of Global Energy Issues , vol.14 , Issue.1-4 , pp. 289-319
    • Seebregts, A.J.1    Bos, J.2    Kram, T.3    Schaeffer, G.4
  • 86
    • 0003316318 scopus 로고    scopus 로고
    • Options in the real world: lessons learned in evaluating oil and gas investments
    • Smith J.E., and McCardle K.F. Options in the real world: lessons learned in evaluating oil and gas investments. Operations Research 47 1 (1999) 1-15
    • (1999) Operations Research , vol.47 , Issue.1 , pp. 1-15
    • Smith, J.E.1    McCardle, K.F.2
  • 88
    • 0037218066 scopus 로고    scopus 로고
    • Energy consumption and GDP: causality relationship in G-7 countries and emerging markets
    • Soytas U., and Sari R. Energy consumption and GDP: causality relationship in G-7 countries and emerging markets. Energy Economics 25 1 (2003) 33-37
    • (2003) Energy Economics , vol.25 , Issue.1 , pp. 33-37
    • Soytas, U.1    Sari, R.2
  • 89
    • 0002763089 scopus 로고
    • Consistent valuation and cost of capital expressions with corporate and personal taxes
    • Taggard R.A. Consistent valuation and cost of capital expressions with corporate and personal taxes. Financial Management 20 3 (1991) 8-20
    • (1991) Financial Management , vol.20 , Issue.3 , pp. 8-20
    • Taggard, R.A.1
  • 90
    • 2442586634 scopus 로고    scopus 로고
    • Analysis of the decision to invest for constructing a nuclear power plant under regulation of electricity price
    • Takizawa S., and Suzuki A. Analysis of the decision to invest for constructing a nuclear power plant under regulation of electricity price. Decision Support Systems 37 3 (2004) 449-456
    • (2004) Decision Support Systems , vol.37 , Issue.3 , pp. 449-456
    • Takizawa, S.1    Suzuki, A.2
  • 91
    • 43449128489 scopus 로고    scopus 로고
    • Türkiye Elektrik İletim A.Ş., 2001 Yi{dotless}li{dotless} İstatistikleri
    • Turkish Electricity Transmission Co. Year 2001 Statistics; (in Turkish), Turkish Electricity Transmission Corporation, Ankara
    • TEİAŞ. Türkiye Elektrik İletim A.Ş., 2001 Yi{dotless}li{dotless} İstatistikleri. Turkish Electricity Transmission Co. Year 2001 Statistics; (in Turkish). Report APK-379 (2002), Turkish Electricity Transmission Corporation, Ankara
    • (2002) Report APK-379
    • TEIAŞ1
  • 92
    • 43449112772 scopus 로고    scopus 로고
    • Türkiye Elektrik İletim A.Ş., 2004 Yi{dotless}li{dotless} İstatistikleri
    • Turkish Electricity Transmission Co. Year 2004 Statistics; (in Turkish), Turkish Electricity Transmission Corporation, Ankara http://www.teias.gov.tr
    • TEİAŞ. Türkiye Elektrik İletim A.Ş., 2004 Yi{dotless}li{dotless} İstatistikleri. Turkish Electricity Transmission Co. Year 2004 Statistics; (in Turkish). RPC Report (2005), Turkish Electricity Transmission Corporation, Ankara. http://www.teias.gov.tr http://www.teias.gov.tr
    • (2005) RPC Report
    • TEIAŞ1
  • 93
    • 0003553294 scopus 로고    scopus 로고
    • The MIT Press, Cambridge/Massachusetts
    • Trigeorgis L. Real Options (1996), The MIT Press, Cambridge/Massachusetts
    • (1996) Real Options
    • Trigeorgis, L.1
  • 96
    • 0036502447 scopus 로고    scopus 로고
    • Renewable energy sources project appraisal under uncertainty: the case of wind energy exploitation within a changing energy market environment
    • Venetsanos K., Angelopoulou P., and Tsoutsos T. Renewable energy sources project appraisal under uncertainty: the case of wind energy exploitation within a changing energy market environment. Energy Policy 30 4 (2002) 293-307
    • (2002) Energy Policy , vol.30 , Issue.4 , pp. 293-307
    • Venetsanos, K.1    Angelopoulou, P.2    Tsoutsos, T.3
  • 99
    • 0037412003 scopus 로고    scopus 로고
    • Electricity market reform failures: UK, Norway, Alberta and California
    • Woo C.-K., Lloyd D., and Tishler A. Electricity market reform failures: UK, Norway, Alberta and California. Energy Policy 31 11 (2003) 1103-1115
    • (2003) Energy Policy , vol.31 , Issue.11 , pp. 1103-1115
    • Woo, C.-K.1    Lloyd, D.2    Tishler, A.3
  • 100
    • 0035525821 scopus 로고    scopus 로고
    • Turkey's natural gas necessity and consumption
    • Yazici N., and Demirbaş A. Turkey's natural gas necessity and consumption. Energy Sources 23 9 (2001) 801-808
    • (2001) Energy Sources , vol.23 , Issue.9 , pp. 801-808
    • Yazici, N.1    Demirbaş, A.2
  • 101
    • 33750149650 scopus 로고    scopus 로고
    • Energy policies of Turkey during the period 1923-2003
    • Yilmaz A.O., and Uslu T. Energy policies of Turkey during the period 1923-2003. Energy Policy 35 1 (2007) 258-264
    • (2007) Energy Policy , vol.35 , Issue.1 , pp. 258-264
    • Yilmaz, A.O.1    Uslu, T.2


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.