A investment decision-making research based on mothballing option

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

Developing Straw power in China has an important significance to improving the energy structure, ensuring energy security and achieving sustainable economic and social development. In accordance with the operating characteristics of power projects, this paper is intended to construct a straw power investment value model and a threshold value model based on mothballing option, and measure investment threshold value in the current stage of our straw power programme and its sensitivity to the influence of the investment costs, variable costs, fixed costs, government subsidies and demand. Case analysis will show that improving the government subsidies is the important approach to resolving the shortage of sustainability in the current straw power industry.

Original languageEnglish
Title of host publication3rd International Joint Conference on Computational Sciences and Optimization, CSO 2010
Subtitle of host publicationTheoretical Development and Engineering Practice
Pages526-529
Number of pages4
DOIs
StatePublished - 2010
Event3rd International Joint Conference on Computational Sciences and Optimization, CSO 2010: Theoretical Development and Engineering Practice - Huangshan, Anhui, China
Duration: 28 May 201031 May 2010

Publication series

Name3rd International Joint Conference on Computational Sciences and Optimization, CSO 2010: Theoretical Development and Engineering Practice
Volume1

Conference

Conference3rd International Joint Conference on Computational Sciences and Optimization, CSO 2010: Theoretical Development and Engineering Practice
Country/TerritoryChina
CityHuangshan, Anhui
Period28/05/1031/05/10

Keywords

  • Investment decision
  • Mothballing option

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