Browsing NTNU Open by Author "Storebø, Axel"
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A real options approach to generation capacity expansion in imperfectly competitive power markets
Brøndbo, Helene Kvilhaug; Storebø, Axel; Fleten, Stein-Erik; Boomsma, Trine Krogh (Journal article; Peer reviewed, 2019)This paper proposes a real options approach to generation capacity expansion in imperfectly competitive power markets. Our framework incorporates firms with different levels of market power; heterogeneous technologies, ... -
Capacity Expansion in Power Markets - a Real Options Approach
Brøndbo, Helene Kvilhaug; Storebø, Axel (Master thesis, 2017)This thesis explores generation capacity expansions in power markets using a real options approach. Our framework considers several features of actual power markets, including time-varying demand and generation technologies ...