http://www.erasmusenergy.com en-us N/A dejong@kyos.com Wed, 19 Nov 2008 23:17:04 CET 20 http://www.erasmusenergy.com/articles/115/1/What-Is-It-Worth-Application-of-Real-Options-Theory-to-the-Valuation-of-Generation-Assets/Page1.html Published in: The electricity journal
Publication year: 2001
Co-author 1: Nazli Uludere

An analysis of two generation assets in a regional market in the Northeast demonstrates how a real options-based valuation framework uncovers and quantifies the value of efficient plant operation in the face of volatile electricity market prices. The analysis shows that a peaking gas-fired facility may be more valuable than a mid-merit coal-fired plant, even though traditional methodologies would favor the coal-fired asset given its lower marginal cost.]]> no@spam.com (Julia Frayer) Thu, 13 Dec 2007 17:05:40 CET http://www.erasmusenergy.com/articles/115/1/What-Is-It-Worth-Application-of-Real-Options-Theory-to-the-Valuation-of-Generation-Assets/Page1.html