Power plant investments in the Turkish electricity sector: A real options approach taking into account market liberalization

Applied Energy

Volumn 97, Issue , 2012, Pages 124-134

  Madlener, Reinhard ^a   Stoverink, Simon ^b  

^a RWTH AACHEN UNIVERSITY   (Germany)

^b RWTH AACHEN UNIVERSITY   (Germany)

Author keywords

Liberalized market; Real options; Sequential investment; Turkey

Indexed keywords

COAL; COMMERCE; ELECTRIC INDUSTRY; FOSSIL FUEL POWER PLANTS;

BINOMIAL TREE MODELS; COAL-FIRED POWER PLANT; ECONOMIC FEASIBILITIES; ELECTRICITY MARKET; ELECTRICITY SECTOR; LIBERALIZED MARKET; MAJOR PROJECT; MARKET DEVELOPMENT; MARKET LIBERALIZATION; NET PRESENT VALUE; OPTIMAL STRATEGIES; OPTION VALUE; POWER PLANT INVESTMENT; POWER PLANT PROJECTS; PROJECT DEVELOPMENT; REAL OPTIONS; REAL OPTIONS ANALYSIS; REAL OPTIONS APPROACH; REAL OPTIONS THEORY; SEQUENTIAL INVESTMENTS; TURKEY; TURKISHS;

INVESTMENTS;

COAL-FIRED POWER PLANT; ECONOMIC ANALYSIS; ELECTRICITY INDUSTRY; ENERGY MARKET; INVESTMENT; LIBERALIZATION; MARKET SYSTEM; NUMERICAL MODEL; POWER PLANT; UNCERTAINTY ANALYSIS;

TURKEY;

NUCLEOPOLYHEDROVIRUS;

EID: 84862323912     PISSN: 03062619     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.apenergy.2011.11.050     Document Type: Article

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