Electricity capacity investment under risk aversion: A case study of coal, gas, and concentrated solar power
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DOI: 10.1016/j.eneco.2011.10.010
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Cited by:
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- Garnier, Ernesto & Madlener, Reinhard, 2015. "The Influence of Policy Regime Risks on Investments in Innovative Energy Technology," FCN Working Papers 2/2015, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN), revised Oct 2015.
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- Fraunholz, Christoph & Miskiw, Kim K. & Kraft, Emil & Fichtner, Wolf & Weber, Christoph, 2021. "On the role of risk aversion and market design in capacity expansion planning," Working Paper Series in Production and Energy 62, Karlsruhe Institute of Technology (KIT), Institute for Industrial Production (IIP).
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- Donatella Baiardi & Matteo Manera & Mario Menegatti, 2014. "The Effects of Environmental Risk on Consumption: an Empirical Analysis on the Mediterranean Countries," Working Papers 271, University of Milano-Bicocca, Department of Economics, revised Apr 2014.
- Koltsaklis, Nikolaos E. & Dagoumas, Athanasios S., 2018. "State-of-the-art generation expansion planning: A review," Applied Energy, Elsevier, vol. 230(C), pages 563-589.
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- Bublitz, Andreas & Keles, Dogan & Zimmermann, Florian & Fraunholz, Christoph & Fichtner, Wolf, 2018. "A survey on electricity market design: Insights from theory and real-world implementations of capacity remuneration mechanisms," Working Paper Series in Production and Energy 27, Karlsruhe Institute of Technology (KIT), Institute for Industrial Production (IIP).
- Christian Winzer, 2013. "Robustness of Various Capacity Mechanisms to Regulatory Errors Abstract: In the EU, several governments have introduced or are contemplating a capacity mechanism to ensure adequate investment in gener," Cambridge Working Papers in Economics 1338, Faculty of Economics, University of Cambridge.
- Ernesto Garnier & Reinhard Madlener, 2016. "The Influence of Policy Regime Risks on Investments in Innovative Energy Technology," The Energy Journal, , vol. 37(2_suppl), pages 145-160, June.
- Christoph Fraunholz & Kim K. Miskiw & Emil Kraft & Wolf Fichtner & Christoph Weber, 2023. "On the Role of Risk Aversion and Market Design in Capacity Expansion Planning," The Energy Journal, , vol. 44(3), pages 111-138, May.
- Anthony G. Patt & Elke U. Weber, 2014. "Perceptions and communication strategies for the many uncertainties relevant for climate policy," Wiley Interdisciplinary Reviews: Climate Change, John Wiley & Sons, vol. 5(2), pages 219-232, March.
- Bublitz, Andreas & Keles, Dogan & Zimmermann, Florian & Fraunholz, Christoph & Fichtner, Wolf, 2019. "A survey on electricity market design: Insights from theory and real-world implementations of capacity remuneration mechanisms," Energy Economics, Elsevier, vol. 80(C), pages 1059-1078.
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More about this item
Keywords
Emissions trading; Allowances; Allocation rules; Uncertainty; Risk aversion;All these keywords.
JEL classification:
- L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance
- L9 - Industrial Organization - - Industry Studies: Transportation and Utilities
- Q2 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation
- Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy
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