Climate policy uncertainty and power generation investments: A real options-CVaR portfolio optimization approach
A decision support framework has been provided to assist investors with long-term decision-making for investment choices in power generation assets under uncertain climate policy. The model combines real options analysis and modern portfolio optimization theory. A long-term correlation between carbo...
| Main Authors: | , , , |
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| Other Authors: | |
| Format: | Conference Paper |
| Published: |
Elsevier Ltd
2015
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| Subjects: | |
| Online Access: | http://hdl.handle.net/20.500.11937/20902 |