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Ấn phẩm
Strategic power plant investment planning under fuel and carbon price uncertainty
Tóm tắt
Mô tả
The profitability of power plant investments depends strongly on uncertain fuel and carbon prices. In this doctoral thesis, we combine fundamental electricity market models with stochastic dynamic programming to evaluate power plant investments under uncertainty. The application of interpolation-based stochastic dynamic programming and approximate dynamic programming allows us to consider a greater variety of stochastic fuel and carbon price scenarios compared to other approaches.
Năm xuất bản
2011
Nhà xuất bản
KIT Scientific Publishing
