Browsing NTNU Open by Author "Näsäkkälä, Erkka"
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Gas-fired power plants: Investment timing, operating flexibility and CO2 capture
Fleten, Stein-Erik; Näsäkkälä, Erkka (Journal article; Peer reviewed, 2010)We analyze investments in gas-fired power plants based on stochastic electricity and natural gas prices. A simple but realistic two-factor model is used for price processes, enabling analysis of the value of operating ...