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Large and small baseload power plants: Drivers to define the optimal portfolios

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  • Locatelli, Giorgio
  • Mancini, Mauro
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    Abstract

    Despite the growing interest in Small Medium sized Power Plants (SMPP) international literature provides only studies related to portfolios of large plants in infinite markets/grids with no particular attention given to base load SMPP. This paper aims to fill this gap, investigating the attractiveness of SMPP portfolios respect to large power plant portfolios. The analysis includes nuclear, coal and combined cycle gas turbines (CCGT) of different plant sizes. The Mean Variance Portfolio theory (MVP) is used to define the best portfolio according to Internal Rate of Return (IRR) and Levelised Unit Electricity Cost (LUEC) considering the life cycle costs of each power plant, Carbon Tax, Electricity Price and grid dimension.

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    Bibliographic Info

    Article provided by Elsevier in its journal Energy Policy.

    Volume (Year): 39 (2011)
    Issue (Month): 12 ()
    Pages: 7762-7775

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    Handle: RePEc:eee:enepol:v:39:y:2011:i:12:p:7762-7775

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    Web page: http://www.elsevier.com/locate/enpol

    Related research

    Keywords: Small power plants; Portfolio analysis; Grid dimension;

    References

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    Cited by:
    1. Wright, Daniel G. & Dey, Prasanta K. & Brammer, John G., 2013. "A fuzzy levelised energy cost method for renewable energy technology assessment," Energy Policy, Elsevier, vol. 62(C), pages 315-323.

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