Delaying the introduction of emissions trading systems-Implications for power plant investment and operation from a multi-stage decision model

Energy Economics

Volumn 52, Issue , 2015, Pages 255-264

  Mo, Jian Lei ^a   Schleich, Joachim ^b,c,d   Zhu, Lei ^a   Fan, Ying ^e  

^a Chinese Academy of Sciences   (China)

^b FRAUNHOFER INSTITUTE FOR SYSTEMS AND INNOVATION RESEARCH ISI   (Germany)

^c GRENOBLE ECOLE DE MANAGEMENT   (France)

^d VIRGINIA POLYTECHNIC INSTITUTE AND STATE UNIVERSITY   (United States)

^e BEIHANG UNIVERSITY   (China)

Author keywords

CCS; China; Emissions trading; Multistage decision; Operating flexibility; Power plant investment; Real options theory; Regulatory uncertainty

Indexed keywords

CARBON CAPTURE; CARBON DIOXIDE; COAL; COMMERCE; COSTS; DECISION THEORY; ECONOMICS; INTELLIGENT SYSTEMS; MONTE CARLO METHODS;

CCS; CHINA; EMISSIONS TRADING; MULTISTAGE DECISIONS; OPERATING FLEXIBILITY; POWER PLANT INVESTMENT; REAL OPTIONS THEORY; REGULATORY UNCERTAINTY;

INVESTMENTS;

CARBON DIOXIDE; CARBON SEQUESTRATION; DECISION ANALYSIS; EMISSION CONTROL; EMISSIONS TRADING; INVESTMENT; MONTE CARLO ANALYSIS; NUMERICAL MODEL; POWER PLANT;

CHINA;

EID: 84947914771     PISSN: 01409883     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.eneco.2015.11.009     Document Type: Article

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