| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 6859884 | International Journal of Electrical Power & Energy Systems | 2015 | 9 Pages |
Abstract
Parameters are calibrated with market data and well-known valuation techniques such as contingent claim analysis are used. The results show the importance of operating flexibility in the appraisal of power plants as a result of price volatility. The effect of setting an increasing floor for emission allowance prices is also analysed. The model used is a general one which includes the existence of correlations also obtained via market trading prices.
Related Topics
Physical Sciences and Engineering
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Authors
Luis M. Abadie,