Investment mechanism design and public policy for a natural gas grid

We distinguish between broad based policies that offer investment incen- tives to both firms in a non-discriminatory way, and targeted policies where the policy maker picks a

Theyfound that each firm sets a price per unit equal to marginal costs, and a positive fixed fee that approaches zero when the number of firms becomes large.. Thus, we extend their

We confirm that, if the capacity of a project is fixed and the investment premium associated with stepwise investment is positive, then lumpy investment becomes more valuable than

Only those aspects which are different to a conventional gas-fired power plant will be elaborated on, including investment and operating costs, salvage value, delivered

Furthermore, we show that whether a policy maker aiming at accelerating investment prefers investors to consider retraction risk to be time- dependent or not, depends on how much

While we managed to test and evaluate the MARVEL tool, we were not able to solve the analysis problem for the Future Land Power project, and we did not provide an answer to

environment. Investment costs and future operating costs are deducted. The projects show a total loss of NOK 20 billion. There seems to be few road projects that are

To have data here, we should require that there is registered a positive amount (a figure higher than zero) for both current innovation costs and investment innovation costs and