书目名称 | Investment in Energy Assets Under Uncertainty |
副标题 | Numerical methods in |
编辑 | L.M. Abadie,J.M. Chamorro |
视频video | |
概述 | Provides a rigorous yet pragmatic approach to the valuation and management of investments in the energy sector.Clearly explains how to implement numerical methods in a meaningful way for real world ap |
丛书名称 | Lecture Notes in Energy |
图书封面 |  |
描述 | .This book aims to provide a rigorous yet pragmatic approach to the valuation and management of investments in the energy sector. .Time and uncertainty pervade most if not all issues relevant to energy assets. They run from the early stage of prototype and demonstration to the ultimate abandonment and decommissioning. .Risk in particular appears in several areas; thus, one can distinguish technical risk from financial risk. Furthermore, the extent to which one can react to them is different (just think of price risk and regulation risk). Markets in general, and financial markets in particular, regularly put a price on a number of assets which differ in their return/risk characteristics. And academia has developed sound financial principles for valuation purposes in a number of contexts. .Nonetheless, the physical characteristics of the assets involved also play a key role in their valuation if only because of the restrictions that they entail..There are some instances in which the practitioner/researcher is able to come up with an analytical solution to the valuation problem. Typically, however, these instances are limited because of their relying on stylized facts or idealized fra |
出版日期 | Book 2013 |
关键词 | Binomial and Trinomial Lattices; Coal-Fired and Natural Gas-Fired Power Plant; Discrete and Continuous |
版次 | 1 |
doi | https://doi.org/10.1007/978-1-4471-5592-8 |
isbn_softcover | 978-1-4471-7029-7 |
isbn_ebook | 978-1-4471-5592-8Series ISSN 2195-1284 Series E-ISSN 2195-1292 |
issn_series | 2195-1284 |
copyright | Springer-Verlag London 2013 |