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Ansgar Geiger

Strategic power plant investment planning under fuel and carbon price uncertainty

AutorGeiger, Ansgar

VerlagKIT Scientific Publishing, Karlsruhe

ISBN9783866446335

UmfangXVIII, 306 S.

Veröffentlicht
am:
05.04.2011

Erscheinungs-
jahr
2011

VerfügbarkeitAktiv

Downloads:

Für Zitate bitte die folgende URL verwenden:
http://dx.doi.org/10.5445/KSP/1000021824

Abstract

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.