Verso Il Pool Elettrico: Un Nuovo Metodo Di Valutazione Delle Centrali (Power Plants Evaluation in an Electricity Pool)
affiliation not provided to SSRN
January 1, 2002
Energia, No. 1, 2002
The Italian electricity pool brought important changes in the economic evaluation of power plants. This article presents a new model based on option theory and shows how it leads to plant values higher than those obtained by traditional models.
The English version of this document can be found at: http://ssrn.com/abstract=1461493
Note: Downloadable document is in Italian.
Number of Pages in PDF File: 7
Keywords: electricity, pool, real options, ENEL, Autorita' per l'Energia Elettrica e il Gas, CCGT, Gestore del Mercato Elettrico, Monte Carlo simulation
JEL Classification: D40Accepted Paper Series
Date posted: March 26, 2012
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