Advanced Search
MyIDEAS: Login to save this article or follow this journal

Valuación económica de proyectos energéticos mediante opciones reales: el caso de energía nuclear en México

Contents:

Author Info

  • Francisco Álvarez Echeverría

    ()
    (Profesor de la División de Estudios de Posgrado de la Facultad de Ingeniería, UNAM.)

  • Pablo López Sarabia

    ()
    (Área de Estudios Económicos de Banamex)

  • Francisco Venegas-Martínez

    ()
    (Escuela Superior de Economía, Instituto Politécnico Nacional.)

Abstract

This paper, based on the methodology of real options, compares the financial viability of various technologies for generating electricity. It is shown that the generation of electricity from nuclear plants is economically and environmentally more attractive than other renewable and clean energy. It is also emphasized that a viable alternative for Mexico to reach energy independence in the medium and long term could be electricity generation with nuclear power plants in order to mitigate the extreme price volatility of fossil fuels from jumps in demand and the depletion of shallow-water fields.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.economia.uanl.mx/revistaensayos/xxxi/1/Valuacion-economica-de-proyectos-energeticos.pdf
Download Restriction: no

Bibliographic Info

Article provided by Universidad Autonoma de Nuevo Leon, Facultad de Economia in its journal Ensayos Revista de Economia.

Volume (Year): XXXI (2012)
Issue (Month): 1 (May)
Pages: 75-98

as in new window
Handle: RePEc:ere:journl:v:xxxi:y:2012:i:1:p:75-98

Contact details of provider:
Postal: Avenida Lazaro Cardenas 4600 Ote., Fraccionamiento Residencial Las Torres, C.P. 64930. Monterrey, Nuevo Leon. México.
Phone: +52 (81) 8329 4150
Fax: +52 (81) 8342 2897
Email:
Web page: http://www.economia.uanl.mx
More information through EDIRC

Order Information:
Email:

Related research

Keywords: Nuclear energy; real options; valuation of projects; fossil fuels;

Find related papers by JEL classification:

References

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
as in new window
  1. MacDougall, Shelley L. & Pike, Richard H., 2003. "Consider your options: changes to strategic value during implementation of advanced manufacturing technology," Omega, Elsevier, Elsevier, vol. 31(1), pages 1-15, February.
  2. Pennings, Enrico & Lint, Onno, 1997. "The option value of advanced R & D," European Journal of Operational Research, Elsevier, Elsevier, vol. 103(1), pages 83-94, November.
  3. Black, Fischer & Scholes, Myron S, 1973. "The Pricing of Options and Corporate Liabilities," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 81(3), pages 637-54, May-June.
  4. Lander, Diane M. & Pinches, George E., 1998. "Challenges to the Practical Implementation of Modeling and Valuing Real Options," The Quarterly Review of Economics and Finance, Elsevier, Elsevier, vol. 38(3, Part 2), pages 537-567.
Full references (including those not matched with items on IDEAS)

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:ere:journl:v:xxxi:y:2012:i:1:p:75-98. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Dora María Vega Facio).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.