By Morgan Bazilian, Fabien Roques

ISBN-10: 0080568874

ISBN-13: 9780080568874

ISBN-10: 0080915310

ISBN-13: 9780080915319

This is often an incredible quantity for pros in academia, and govt drawn to the quickly evolving zone on the nexus among strength and weather switch coverage. The state of the art foreign contributions let for a large assurance of the subject. power variety and safeguard makes a speciality of the honor of monetary possibility within the power region. It describes how instruments borrowed from monetary fiscal thought, particularly mean-variance portfolio conception, offers insights at the expenditures and advantages of range, and therefore tell funding choice making in stipulations of uncertainty. It offers the reader an in-depth knowing of the way to regulate hazard at a time while the world's concentration is in this quarter. The e-book offers insights from major experts within the sector of power protection. It offers readers considerable, rigorous research and information at a serious time in dealing with the dual demanding situations of strength safety and weather switch. The booklet additionally highlights the position of fresh strength expertise in relocating in the direction of destiny various and clever electrical energy structures. will probably be a relied on, first element of reference for decision-makers within the box of power policy.The e-book features a foreword via the 2007 Nobel Peace Prize winner. All royalties from sale of this publication might be donated to charities operating within the strength region within the constructing international. . Theoretical underpinning and utilized use of Portfolio conception within the strength zone. In-depth attention of threat. Contributions from best overseas power economists. leading edge methodologies for puzzling over strength protection and variety

Show description

Read Online or Download Analytical Methods for Energy Diversity and Security: Portfolio Optimization in the Energy Sector: A Tribute to the work of Dr. Shimon Awerbuch (Elsevier Global Energy Policy and Economics Series) PDF

Similar oil & energy books

Download e-book for kindle: The CEO and the Monk: One Company's Journey to Profit and by Robert B. Catell

Книга The CEO and the Monk: One Company's trip to benefit and objective The CEO and the Monk: One Company's trip to learn and PurposeКниги Менеджмент Автор: Robert B. Catell, Kenny Moore, Glenn Rifkin Год издания: 2004 Формат: pdf Издат. :Wiley Страниц: 256 Размер: 1,2 ISBN: 0471450111 Язык: Английский0 (голосов: zero) Оценка:In a company period within which executives are taken away in handcuffs and company malfeasance and scandal dominates the enterprise headlines, there's great price within the tales of moral businesses and religious enterprise leaders.

Poisoned Wells: The Dirty Politics of African Oil - download pdf or read online

Every one week the oil and gasoline fields of sub-Saharan Africa produce good over one thousand million dollars’ worthy of oil, an quantity that a ways exceeds improvement reduction to the total African continent. but the emerging tide of oil funds isn't really selling balance and improvement, yet is as a substitute inflicting violence, poverty, and stagnation.

Franck Lecocq's State And Trends Of The Carbon Market 2004 (World Bank PDF

Nation and traits of the Carbon marketplace 2004 examines the prestige of the rising marketplace for greenhouse gases emissions allowances and greenhouse gases emission aid tasks ВЎX the so-called "carbon industry. " according to a database of 354 transactions, this examine indicates that the marketplace has been transforming into progressively during the last years, with call for nonetheless seriously targeted and provide transferring from Latin the USA to Asia.

Read e-book online Lithium-Ion Batteries Hazard and Use Assessment PDF

Lithium-Ion Batteries danger and Use overview examines the use of lithium-ion batteries and cells inside shopper, commercial and transportation items, and analyzes the aptitude risks linked to their lengthy use. This booklet additionally surveys the acceptable codes and criteria for lithium-ion expertise.

Additional resources for Analytical Methods for Energy Diversity and Security: Portfolio Optimization in the Energy Sector: A Tribute to the work of Dr. Shimon Awerbuch (Elsevier Global Energy Policy and Economics Series)

Example text

Specifically, static approaches can understate, if not ignore, managerial flexibility. Real options valuation allows for adjustment of the timing of the investment decision. It is therefore particularly well suited to evaluate investments with uncertain payoffs and costs, as it can capture the option value contained in managerial flexibility in the face of future uncertain developments: the greater the uncertainty that can be resolved, the more advantageous it is to wait and thus the higher the option value (Dixit and Pindyck, 1994; Trigeorgis, 1996).

In other words, identifying the optimal degree of fuel mix diversity for a country or utility requires valuation approaches of power generation investments which trade off the risks and returns of increased portfolio diversification, in both a static and a dynamic perspective. The following subsections introduce successively static (value-at-risk and portfolio theory) and dynamic approaches (real options) to value fuel mix diversity. 11 The value at risk calculates the maximum loss expected (or worst case scenario) on an investment, over a given period and given a specified degree of confidence (Brealey and Myers, 2000).

Demand-side efficiency programs are supported in part to reduce the economic impacts of supply disruptions (Lovins and Lovins, 1982). Key infrastructures, such as that for long-range transport of natural gas, are increasingly audited for properties of ‘resilience’ in the face of particular or unspecified threats (JESS, 2004). Offensive military action remains a major energy security strategy option in many influential circles (Plummer 1983), although acknowledged with reticence. Finally, at the most general of levels, the effective functioning of energy markets themselves is often presented as the principal means toward optimizing energy security (Helm, 2007).

Download PDF sample

Analytical Methods for Energy Diversity and Security: Portfolio Optimization in the Energy Sector: A Tribute to the work of Dr. Shimon Awerbuch (Elsevier Global Energy Policy and Economics Series) by Morgan Bazilian, Fabien Roques

by Ronald

Download PDF by Morgan Bazilian, Fabien Roques: Analytical Methods for Energy Diversity and Security:
Rated 4.57 of 5 – based on 14 votes
[an error occurred while processing the directive]