• Optimal investment timing and capacity choice for pumped hydropower storage 

      Fertig, Emily; Heggedal, Ane Marte; Doorman, Gerard L.; Apt, Jay (Journal article; Peer reviewed, 2014)
      Pumped hydropower storage can smooth output from intermittent renewable electricity generators and facilitate their large-scale use in energy systems. Germany has aggressive plans for wind power expansion, and pumped storage ...
    • Real Options Analysis of Electricity Investments 

      Heggedal, Ane Marte (Doktoravhandlinger ved NTNU, 1503-8181; 2012:219, Doctoral thesis, 2012)
    • Uncertain Climate Policy Decisions and Investment Timing: Evidence from Small Hydropower Plants 

      Heggedal, Ane Marte; Linnerud, Kristin; Fleten, Stein-Erik Fleten UV (Journal article, 2011)
      Based on panel data of 214 licenses to construct small hydropower plants, we examine whether uncertainty with respect to the introduction of a market for renewable energy certificates affected the timing of investments in ...
    • Upgrading hydropower plants with storage: timing and capacity choice 

      Heggedal, Ane Marte; Elverhøi, Morten; Fleten, Stein-Erik; Fuss, Sabine; Szolgayova, Jana; Troland, Ole Christian (Journal article; Peer reviewed, 2014)
      This paper presents an investment decision support framework for a hydropower producer with storage facilities that is considering upgrading the production capacity in its power plant. A real options framework is proposed ...