Portfolio Analysis of Power Plant Technologies: A Simulation Approach to Rebalance Fuel Mix Strategies (Edition KWV) - Softcover

Rothe, Sebastian

Softcover

ISBN 10: 3658243783 ISBN 13: 9783658243784

Publisher: Springer Gabler, 2019

Synopsis

The liberalization process, tightening environmental standards and the need for replacing aged power plants force European utilities to optimize their future generation mix. Power plants are real assets and as a consequence the power plant park of a utility firm equals a portfolio of different generation assets. This thesis adds to the understanding how to identify an efficient generation portfolio through time by assuming a non-constant feasible set. According to our results a combination of conventional thermal and renewable energies turn out to be efficient in terms of expected value and risks. Therefore, implementing a strategy based on renewable energies which cause less CO2 per MWh generated electricity clearly pays off. 

Potential readership includes scholars from energy economics and energy finance as well as interested practitioners involved in these areas.

About this title

About the Author

Sebastian Rothe published his work with Kölner Wissenschaftsverlag until 2018.

From the Back Cover

The liberalization process, tightening environmental standards and the need for replacing aged power plants force European utilities to optimize their future generation mix. Power plants are real assets and as a consequence the power plant park of a utility firm equals a portfolio of different generation assets. This thesis adds to the understanding how to identify an efficient generation portfolio through time by assuming a non-constant feasible set. According to our results a combination of conventional thermal and renewable energies turn out to be efficient in terms of expected value and risks. Therefore, implementing a strategy based on renewable energies which cause less CO2 per MWh generated electricity clearly pays off. 

Potential readership includes scholars from energy economics and energy finance as well as interested practitioners involved in these areas.

Edition details

• Publisher: Springer Gabler
• Publication date: 2019
• Language: English
• ISBN 10: 3658243783
• ISBN 13: 9783658243784
• Binding: Paperback
• Number of pages: 316