Delaying the introduction of emissions trading systems—Implications for power plant investment and operation from a multi-stage decision model
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- Mo, Jian-Lei & Schleich, Joachim & Zhu, Lei & Fan, Ying, 2015. "Delaying the introduction of emissions trading systems—Implications for power plant investment and operation from a multi-stage decision model," Energy Economics, Elsevier, vol. 52(PB), pages 255-264.
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More about this item
Keywordspower plant investment; regulatory uncertainty; multistage decision; operating flexibility; real options theory; emissions trading; CCS; China;
- C6 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling
- D8 - Microeconomics - - Information, Knowledge, and Uncertainty
- D9 - Microeconomics - - Micro-Based Behavioral Economics
- G3 - Financial Economics - - Corporate Finance and Governance
- Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy
- Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-ALL-2016-02-23 (All new papers)
- NEP-ENE-2016-02-23 (Energy Economics)
- NEP-ENV-2016-02-23 (Environmental Economics)
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