Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
1514757 | Energy Procedia | 2011 | 5 Pages |
Abstract
As Coal-to-liquid project is in face of lot uncertainties largely due to the wide fluctuation of oil industry, it is unableto evaluate this project accurately via the traditional NPV analysis method. The paper tries to app ly real optionsanalysis approach to evaluate this Coal-to-liquid project, simulate the fluctuation of oil price by a designed softwareand also compare the operating value and the value of waiting to invest in this Coal-to-liquid project.
Keywords
Related Topics
Physical Sciences and Engineering
Energy
Energy (General)
Authors
TENG Yingyue, HAN Liping, LI Changqing, ZHAO hongmei,