A Real Options Analysis for Renewable Energy Investment Decisions under China Carbon Trading Market

Under the carbon trading mechanism, renewable energy projects can gain additional benefits through Chinese Certified Emission Reduction transactions. Due to the uncertainty of carbon trading system, carbon prices will fluctuate randomly, which will affect the investment timing of renewable energy pr...

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Bibliographic Details
Main Authors: Yanbin Li, Min Wu, Zhen Li
Format: Article
Language:English
Published: MDPI AG 2018-07-01
Series:Energies
Subjects:
Online Access:http://www.mdpi.com/1996-1073/11/7/1817