A Comparison of Selected Real Options Valuation Approaches to the Net Present Value Method for an Investment Opportunity in Onshore Wind : An analysis of the specific case of Stokkfjellet Wind Farm, Sør-Trøndelag, Norway
The industry standard among renewable energy companies is to value projects using the traditional discounted cash flow method. Unfortunately, discounted cash flows do not incorporate the value of flexibility. This makes the technique unsuitable for valuing investment opportunities related to wind fa...
| Main Authors: | , |
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| Format: | Others |
| Language: | English |
| Published: |
Norges teknisk-naturvitenskapelige universitet, Institutt for industriell økonomi og teknologiledelse
2014
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| Online Access: | http://urn.kb.se/resolve?urn=urn:nbn:no:ntnu:diva-25761 |