A parametric approach for the valuation of power plant flexibility options

Conventional generation units encounter a changing role in modern societies’ energy supply. With increased need for flexible operation, engineers and project managers have to evaluate the benefits of technical improvements. For this purpose, a valuation tool has been developed, comparing economical...

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Bibliographic Details
Main Authors: Julia Hentschel, Ugljes˘a Babić, Hartmut Spliethoff
Format: Article
Language:English
Published: Elsevier 2016-11-01
Series:Energy Reports
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2352484716300075