메뉴 건너뛰기




Volumn 54, Issue , 2013, Pages 360-368

A real option-based model for promoting sustainable energy projects under the clean development mechanism

Author keywords

Clean development mechanism; Clean energy system; Real option

Indexed keywords

CDM PROJECTS; CERTIFIED EMISSION REDUCTIONS; CLEAN DEVELOPMENT MECHANISM; CLEAN ENERGY SYSTEMS; DEVELOPED COUNTRIES; FAIR SHARE; HOST COUNTRIES; MARKET PRICE; MARKET SIZES; REAL OPTIONS; SUSTAINABLE ENERGY PROJECTS;

EID: 84873198319     PISSN: 03014215     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.enpol.2012.11.050     Document Type: Article
Times cited : (20)

References (35)
  • 2
    • 0036891785 scopus 로고    scopus 로고
    • Implementing the Kyoto protocol on climate change: environmental integrity, sinks and mechanisms
    • Begg K.G. Implementing the Kyoto protocol on climate change: environmental integrity, sinks and mechanisms. Global Environmental Change 2002, 12(4):331-336.
    • (2002) Global Environmental Change , vol.12 , Issue.4 , pp. 331-336
    • Begg, K.G.1
  • 3
    • 57449119480 scopus 로고    scopus 로고
    • The option value of government guarantees in infrastructure project
    • Brandao L.E.T., Saraiva E. The option value of government guarantees in infrastructure project. Construction Management and Economics 2008, 26:1171-1180.
    • (2008) Construction Management and Economics , vol.26 , pp. 1171-1180
    • Brandao, L.E.T.1    Saraiva, E.2
  • 5
    • 33745103777 scopus 로고    scopus 로고
    • Valuing governmental support in infrastructure projects as real options using Monte Carlo simulation
    • Cheah Y.j., Liu J. Valuing governmental support in infrastructure projects as real options using Monte Carlo simulation. Construction Management and Economics 2006, 24:545-554.
    • (2006) Construction Management and Economics , vol.24 , pp. 545-554
    • Cheah, Y.J.1    Liu, J.2
  • 6
    • 34249023618 scopus 로고    scopus 로고
    • Valuing simple multiple-exercise real options in infrastructure projects
    • Chiara N., Garvin M.J., Vecer J. Valuing simple multiple-exercise real options in infrastructure projects. Journal of Infrastructure Systems 2007, 13(2):97-104.
    • (2007) Journal of Infrastructure Systems , vol.13 , Issue.2 , pp. 97-104
    • Chiara, N.1    Garvin, M.J.2    Vecer, J.3
  • 7
    • 80052749820 scopus 로고    scopus 로고
    • Applying real options analysis to assess cleaner energy development strategies
    • Cheng C.-T., Lo S.-L., Lin T.T. Applying real options analysis to assess cleaner energy development strategies. Energy. Policy 2011, 39:5929-5938.
    • (2011) Energy. Policy , vol.39 , pp. 5929-5938
    • Cheng, C.-T.1    Lo, S.-L.2    Lin, T.T.3
  • 11
    • 0036604189 scopus 로고    scopus 로고
    • A real options approach to valuing strategic flexibility in uncertain construction project
    • Ford D.N., Lander D.M., Voyer J.J. A real options approach to valuing strategic flexibility in uncertain construction project. Construction Management and Economics 2002, 20:343-351.
    • (2002) Construction Management and Economics , vol.20 , pp. 343-351
    • Ford, D.N.1    Lander, D.M.2    Voyer, J.J.3
  • 12
    • 2942652733 scopus 로고    scopus 로고
    • Valuation techniques for infrastructure investment decisions
    • Garvin M.J., Cheah Y.J. Valuation techniques for infrastructure investment decisions. Construction Management and Economic 2003, 22:373-383.
    • (2003) Construction Management and Economic , vol.22 , pp. 373-383
    • Garvin, M.J.1    Cheah, Y.J.2
  • 13
    • 0033869390 scopus 로고    scopus 로고
    • The clean development mechanism: proposals for its operation and governance
    • Haites E., Yamin F. The clean development mechanism: proposals for its operation and governance. Global Environmental Change 2000, 10(1):27-45.
    • (2000) Global Environmental Change , vol.10 , Issue.1 , pp. 27-45
    • Haites, E.1    Yamin, F.2
  • 14
    • 0036499550 scopus 로고    scopus 로고
    • An option pricing-based model for evaluating the financial viability of privatized infrastructure projects
    • Ho S.P., Liu L.Y. An option pricing-based model for evaluating the financial viability of privatized infrastructure projects. Construction Management and Economics 2002, 20:143-156.
    • (2002) Construction Management and Economics , vol.20 , pp. 143-156
    • Ho, S.P.1    Liu, L.Y.2
  • 15
    • 33646423563 scopus 로고    scopus 로고
    • Valuation of the minimum revenue guarantee and the option to abandon in BOT infrastructure projects
    • Huang Y., Chou S. Valuation of the minimum revenue guarantee and the option to abandon in BOT infrastructure projects. Construction Management and Economics 2006, 24:379-389.
    • (2006) Construction Management and Economics , vol.24 , pp. 379-389
    • Huang, Y.1    Chou, S.2
  • 16
    • 79959243452 scopus 로고    scopus 로고
    • Analysis of the viability of an urban renewal project under a risk-based option pricing framework
    • Hui E.C., Ng I.M., Lo K. Analysis of the viability of an urban renewal project under a risk-based option pricing framework. Journal of Urban Planning and Development 2011, 137(2):101-111.
    • (2011) Journal of Urban Planning and Development , vol.137 , Issue.2 , pp. 101-111
    • Hui, E.C.1    Ng, I.M.2    Lo, K.3
  • 17
    • 0034755432 scopus 로고    scopus 로고
    • Institutions in conflict? the climate change flexibility mechanisms and the multinational trading system
    • Kim A. Institutions in conflict? the climate change flexibility mechanisms and the multinational trading system. Global Environmental Change 2001, 11(3):251-255.
    • (2001) Global Environmental Change , vol.11 , Issue.3 , pp. 251-255
    • Kim, A.1
  • 18
    • 84859613079 scopus 로고    scopus 로고
    • Determining the value of governmental subsidies for the installation of clean energy systems as real option
    • Kim B., Lim H., Kim H., Hong T.H. Determining the value of governmental subsidies for the installation of clean energy systems as real option. Journal of Construction Engineering and Management 2012, 138(3):422-430.
    • (2012) Journal of Construction Engineering and Management , vol.138 , Issue.3 , pp. 422-430
    • Kim, B.1    Lim, H.2    Kim, H.3    Hong, T.H.4
  • 21
  • 23
    • 33846314372 scopus 로고    scopus 로고
    • Decision making in flexible mine production system design using real options
    • Mayer Z., Kazakidis V. Decision making in flexible mine production system design using real options. Journal of Construction Engineering and Management 2007, 133(2):169-180.
    • (2007) Journal of Construction Engineering and Management , vol.133 , Issue.2 , pp. 169-180
    • Mayer, Z.1    Kazakidis, V.2
  • 24
    • 4143081381 scopus 로고    scopus 로고
    • Transaction costs, institutional rigidities and the size of the clean development mechanism
    • Michaelowa A., Jotzo F. Transaction costs, institutional rigidities and the size of the clean development mechanism. Energy Policy 2005, 33:511-523.
    • (2005) Energy Policy , vol.33 , pp. 511-523
    • Michaelowa, A.1    Jotzo, F.2
  • 25
    • 33947732852 scopus 로고    scopus 로고
    • How to make the clean development mechanism sustainable-the potential of rent extraction
    • Muller A. How to make the clean development mechanism sustainable-the potential of rent extraction. Energy Policy 2007, 35:3203-3212.
    • (2007) Energy Policy , vol.35 , pp. 3203-3212
    • Muller, A.1
  • 26
    • 0141471051 scopus 로고    scopus 로고
    • John Wiley & Sons Inc., New York
    • Mun J. Real Option Analysis 2005, John Wiley and Sons Inc., New York.
    • (2005) Real Option Analysis
    • Mun, J.1
  • 27
    • 0036882632 scopus 로고    scopus 로고
    • Small hydro power: technology and current status
    • Paish O. Small hydro power: technology and current status. Renewable and Sustainable Energy Reviews 2002, 6:537-556.
    • (2002) Renewable and Sustainable Energy Reviews , vol.6 , pp. 537-556
    • Paish, O.1
  • 28
    • 33947303655 scopus 로고    scopus 로고
    • Market failure: why the clean development mechanism won't promote clean development
    • Pearson B. Market failure: why the clean development mechanism won't promote clean development. Journal of Cleaner Production 2007, 15:247-252.
    • (2007) Journal of Cleaner Production , vol.15 , pp. 247-252
    • Pearson, B.1
  • 29
    • 34547567271 scopus 로고    scopus 로고
    • Does the current Clean Development Mechanism (CDM) deliver its sustainable development claim? An analysis of officially registered CDM project
    • Sutter C., Parreno J.C. Does the current Clean Development Mechanism (CDM) deliver its sustainable development claim? An analysis of officially registered CDM project. Climate Change 2007, 84:75-90.
    • (2007) Climate Change , vol.84 , pp. 75-90
    • Sutter, C.1    Parreno, J.C.2
  • 30
    • 84873197481 scopus 로고    scopus 로고
    • List of Grid Emission Factors. Grid Emission Factors data, Institute for Global Environmental Strategies, (Nov. 7, 2011)
    • Takahshi, K., Ninomiya, Y., 2011. List of Grid Emission Factors. Grid Emission Factors data, Institute for Global Environmental Strategies, (Nov. 7, 2011). http://www.iges.or.jp/en/cdm/report_grid.html.
    • (2011)
    • Takahshi, K.1    Ninomiya, Y.2
  • 32
    • 84873176353 scopus 로고    scopus 로고
    • UNFCCC, Kyoto Protocol to the United Nation Framework Convention on Climate Change. United Nation, New York.
    • UNFCCC, 1998. Kyoto Protocol to the United Nation Framework Convention on Climate Change. United Nation, New York.
    • (1998)
  • 33
    • 84873152511 scopus 로고    scopus 로고
    • UNFCCC, Part Two: Action Taken by the Conference of the Parties, Report of the Conference of the Parties on its Seventh Session. United Nations Framework Convention on Climate Change, Marrakesh.
    • UNFCCC, 2002. Part Two: Action Taken by the Conference of the Parties, Report of the Conference of the Parties on its Seventh Session. United Nations Framework Convention on Climate Change, Marrakesh.
    • (2002)
  • 35
    • 1942538239 scopus 로고    scopus 로고
    • Highway development decision-making under uncertainty: a real option approach
    • Zhao T., Sundararahan S.K., Tseug C. Highway development decision-making under uncertainty: a real option approach. Journal of Infrastructure Systems 2004, 10(1):23-32.
    • (2004) Journal of Infrastructure Systems , vol.10 , Issue.1 , pp. 23-32
    • Zhao, T.1    Sundararahan, S.K.2    Tseug, C.3


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.