Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5446378 | Energy Procedia | 2016 | 6 Pages |
Abstract
This paper based on the Monte Carlo method and real option theory to set up nuclear energy investment evaluation model. As application, this model is used to evaluate the value of China's zhejiang province sanmen nuclear power plant under abandon option. First, consider the influence factors under the market mechanism and the non-market mechanism, the influence factors under the market mechanism are close to reality. Then, compare the plant value under two kinds of situations about considering the carbon value and does not consider carbon value, carbon value added can increase cash flow in the process of nuclear power project operation, and make the enterprises rethink investing in the original stage won't invest, avoid investment opportunity are missed.
Related Topics
Physical Sciences and Engineering
Energy
Energy (General)
Authors
Lixin Tian, Haifang Shan, Naiping Zhu,