• 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 electric energy storage under uncertainty: a real options approach 

      Bakke, Ida; Fleten, Stein-Erik; Hagfors, Lars Ivar; Hagspiel, Verena; Norheim, Beate; Wogrin, Sonja (Journal article; Peer reviewed, 2016)
      In this paper we develop a real options approach to evaluate the profitability of investing in a battery bank. The approach determines the optimal investment timing under conditions of uncertain future revenues and investment ...
    • 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 ...