dc.contributor.author | Ingebrigtsen, Kristoffer | |
dc.contributor.author | Kaldahl, Jonas Aase | |
dc.contributor.author | Fleten, Stein-Erik | |
dc.contributor.author | Ullrich, Carl J. | |
dc.date.accessioned | 2018-07-10T07:10:36Z | |
dc.date.available | 2018-07-10T07:10:36Z | |
dc.date.created | 2018-06-14T10:32:55Z | |
dc.date.issued | 2018 | |
dc.identifier.issn | 1559-792X | |
dc.identifier.uri | http://hdl.handle.net/11250/2504890 | |
dc.description.abstract | This paper presents an empirical analysis of the real options to postpone and cancel sequential investments with time-to-build. Using generator level data we consider investments in gas-fired combined cycle and combustion turbine electric power generators. We find strong evidence of real options effects. Regulatory uncertainty and profit uncertainty increase the probability of postponing investments. We also find evidence that regulatory uncertainty increases the probability of canceling investments. | nb_NO |
dc.language.iso | eng | nb_NO |
dc.publisher | International Association for Energy Economics | nb_NO |
dc.title | Sequential Investment in Gas-Fired Power Plants | nb_NO |
dc.type | Journal article | nb_NO |
dc.type | Peer reviewed | nb_NO |
dc.description.version | acceptedVersion | nb_NO |
dc.source.journal | IAEE International Conference | nb_NO |
dc.identifier.cristin | 1591126 | |
dc.relation.project | Norges forskningsråd: 268093 | nb_NO |
dc.description.localcode | This article will not be available due to copyright restrictions (c) 2018 by International Association for Energy Economics | nb_NO |
cristin.unitcode | 194,60,25,0 | |
cristin.unitname | Institutt for industriell økonomi og teknologiledelse | |
cristin.ispublished | true | |
cristin.fulltext | preprint | |
cristin.fulltext | postprint | |
cristin.qualitycode | 1 | |