How should firms decide whether and when to invest in new capital equipment, additions to
their workforce, or the development of new products? Why have traditional economic models …

This paper addresses the costs and benefits associated with microgrid development relative
to the costs and benefits of conventional generation interconnected to a bulk transmission …

Electricity transmission pricing and transmission grid expansion have received increasing
attention in recent years. There are two disparate approaches to transmission investment …

This thesis addresses several issues in transmission planning and investment in the
restructured electricity industry. In particular, the thesis exploits topological structures …

With increasing amounts of power generation from intermittent sources like wind,
transmission planning has not only to account for the expected load curve but also for the …

The effects of two forms of uncertainty on the timing of irreversible investment are
considered. Technological uncertainty is modeled as a Poisson arrival process that reduces …

This paper examines the reliability of estimates for construction costs and schedules of
power generation projects in developing countries, and indicates how the results can be …

In this research, four electricity generation projects from biogas are analyzed. The present
value of public aid granted by the German Administration in the four projects is calculated by …

Giga-investments are very large projects with long life cycles, which make them both risk
investments and endeavours built on imprecise and uncertain assumptions. Still, the …

Conventional discounted cash flow valuation techniques are inappropriate for mining
companies because operational flexibilities are deemed an essential component of mine …