Blar i Institutt for industriell økonomi og teknologiledelse på forfatter "Hagspiel, Verena"
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Investment in Electric Energy Storage Under Uncertainty: A Real Options Approach
Norheim, Beate; Bakke, Ida (Master thesis, 2015)The transition from conventional power sources to renewable energy sources is taking place in a number of European countries. Electric energy storage has been proposed as an environmentally friendly solution to make this ... -
Investment in flexible hydrogen production from local wind power: Optimising timing, capacity and plant operations of an investment under uncertainty
Ødegaard, Lars Michael Eeg; Engh, Jørgen Bjørnstad (Master thesis, 2016)Hydrogen produced from renewable energy can be used as an zero emission fuel. While hydrogen has applications across several industries its largest potential is seen as a fuel for hydrogen vehicles. Widespread adoption of ... -
Investment in mutually exclusive transmission projects under policy uncertainty
Bakke, Ida; Fleten, Stein-Erik; Hagfors, Lars Ivar; Hagspiel, Verena; Norheim, Beate (Journal article; Peer reviewed, 2016)In this paper we evaluate mutually exclusive transmission projects under policy and economic uncertainty. The alternatives being considered are transmission investment projects between Norway and Germany, and Norway and ... -
Marine minerals' role in future holistic mineral resource management
Ellefmo, Steinar Løve; Aberle-Malzahn, Nicole; Hagspiel, Verena; Ingulstad, Mats; Aasly, Kurt (Journal article; Peer reviewed, 2022) -
Negotiations Concerning Speculative Real Estate Investments
Brynildsen, Andreas Dammyr; Hyttedalen, Håkon Andreas (Master thesis, 2021)Forhandlinger er en avgjørende del av eiendomsbransjen, men tilstedeværelsen av praktisk anvendbare forhandlingsverktøy i spillteorilitteraturen er knapp. I senere tid har fremskritt innenfor datateknologi muliggjort ... -
Norway's Ambitious Climate Targets - A Threat to the Development of Floating Offshore Wind?
Aghajani, Daniel; Toutain, Vincent Kyrre Gerard (Master thesis, 2021)Økende bekymring for konsekvensene av klimaendringer har ført til ambisiøse og omfattende klimamål verden rundt. I den forbindelse har Norges regjering gått i bresjen for at de betydelige havvindressursene på norsk ... -
Optimal Investment and Replacement Timing for small Wind Power Projects utilizing second-hand Wind Turbines
Mannhart, Ulrik Dale (Master thesis, 2016)This paper presents a real options method for evaluating small wind power projects utilizing second-hand wind turbines. In addition to uncertain electricity prices, the model considers the lifetime of a second-hand wind ... -
Optimal investment decisions in lice-fighting technologies: A case study in Norway
Brakstad, Oscar Mathias; Hagspiel, Verena; Lavrutich, Maria; Matanovic, Dunja (Journal article; Peer reviewed, 2019)The Norwegian salmon farming industry is currently facing significant obstacles to future growth. The major challenge is posed by the high level of sea lice in the sea nets at the salmon farms. At the moment both salmon ... -
Optimal investment in hydrogen production from wind power under uncertainty: A Norwegian case study
Rashid, Adil (Master thesis, 2017)Hydrogen produced from renewable energy can help reduce emissions, especially in the transportation sector. In Norway, an increased political promotion over the last years has started the development of a hydrogen ... -
Optimal Investment in Research and Development: A Real Option Approach
Østensen, Glenn-Endré (Master thesis, 2019)Denne oppgaven ser på det optimale investeringsnivået i forskning og utvikling for et firma som har muligheten til å gjennomføre et teknologibytte. Oppgaven modellerer investeringen i forskning og utvikling ved å påvirke ... -
Optimal Investment Strategies in Offshore Salmon Farming using Real Options Valuation Methods - A case study of SalMar ASA's investment in the Ocean Farming Facility
Aamodt, Jacob; Langaard, Peder Heien; Witzøe, Magnus (Master thesis, 2017)The Norwegian salmon farming industry is struggling with growth due to governmental regulations imposed to solve biological and area challenges. In 2015, the Norwegian government introduced development concessions to fuel ... -
Optimal Investment Strategies under Decision-Dependent Stochastic Environments
Olsen, Tord (Master thesis, 2018)This thesis investigates the optimal investment decisions of a firm, when the characteristics of the firm's stochastic environment are dependent on these decisions. We model situations where the market the firm operates ... -
Optimal Investment Strategy in Lice-Fighting Technologies
Matanovic, Dunja; Brakstad, Oscar Mathias (Master thesis, 2017)Salmon lice is a parasite feeding off the flesh and skin of the fish, and is currently one of the largest challenges for the aquaculture industry, prohibiting growth in the industry. In order to allow for growth in an ... -
Optimal Risk Adoption and Capacity Investment in Technological Innovations
Sendstad, Lars Hegnes; Chronopoulos, Michail; Hagspiel, Verena (Journal article; Peer reviewed, 2021)Technological innovations often formulate new market regimes and create incentives to abandon existing, less attractive ones. However, this decision depends not only on market forces, such as economic and technological ... -
Optimal timing and capacity choice under the rate-of-return renewable energy support
Kozlova, Mariia; Fleten, Stein-Erik; Hagspiel, Verena (Journal article; Peer reviewed, 2020)This article presents a stylized renewable energy (RE) investment project profitability analysis under a rate-of-return RE support type. We use a dynamic programming approach to value the real options. While the method is ... -
Policy uncertainty in Scandinavian countries
Ifwarsson, Emil Johan Verlo; Kleiven, Lars Erik; Sendstad, Lars H.; Hagspiel, Verena (Peer reviewed; Journal article, 2021)We measure policy uncertainty for three small open economies and show how policy uncertainty indices can capture important historical events, both local events such as referendums and certain general elections, as well as ... -
Portfolio Optimization of Wind Power Projects
Johannessen, Silje (Master thesis, 2015)The use of traditional discounted cash flow approaches for valuing and comparing investment opportunities are prevailing in most industries, and the same is the case for renewable energy investments. As the wind power ... -
Power purchase agreement vs. investment in power generation: Analysing the trade-offs for a large industrial power consumer considering wind power in the Norwegian market
Christensen, Mathilde Knobel; Instefjord, Kari Renslo; Tonhaugen, Trine Marie (Master thesis, 2019)De siste årene har man observert to tydelige utviklingstrekk innenfor norsk vindkraft. Det første er at vindkraftprosjekter begynner å bli lønnsomme uten statlige subsidier. Nummer to er den økte bruken av såkalte ... -
Power purchase agreement vs. investment in power generation: Analysing the trade-offs for a large industrial power consumer considering wind power in the Norwegian market
Christensen, Mathilde Knobel; Instefjord, Kari Renslo; Tonhaugen, Trine Marie (Master thesis, 2019)De siste årene har man observert to tydelige utviklingstrekk innenfor norsk vindkraft. Det første er at vindkraftprosjekter begynner å bli lønnsomme uten statlige subsidier. Nummer to er den økte bruken av såkalte ... -
Price stress testing in offshore oil field development planning
Lei, Guowen; Hagspiel, Verena; Stanko, Milan (Peer reviewed; Journal article, 2022)Oil & gas field development planning has the objectives of maximizing economic value and also mitigating potential risk. An optimal development concept and strategy depend on the selected oil price trajectory. The conventional ...