Choice of Nuclear Power Investments under Price Uncertainty: Valuing Modularity

By Christian Gollier, David Proult, F. Thais, G. Walgenwitz. 2005

128 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Electrical and Electronic Engineering, Finance

View Paper: https://www.semanticscholar.org/paper/9a2743c724b9ff1bc2ec1713a31d67bd366924b0

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

1. Reinhard Madlener
2. Simon Stoverink
3. G. Rothwell
4. Paola Garrone
5. Günther Westner
6. André Hackbarth
7. C. Michelsen
8. R. Bernstein

In Electrical and Electronic Engineering

1. Reinhard Madlener
2. Simon Stoverink
3. C. Michelsen
4. André Hackbarth
5. Z. Wadud

In Finance

1. Reinhard Madlener
2. Simon Stoverink
3. Günther Westner
4. C. Michelsen
5. André Hackbarth

Citations in the corpus

• Economic features of integral, modular, small-to-medium size reactors (2010, background): “Such a ‘‘reversible’’ nature of investment in SMR units is apparent when one focuses upon the market risks related to LR investment (Gollier et al., 2005).”
• Power plant investments in the Turkish electricity sector: A real options approach taking into account market liberalization (2012, background): “[12] use options valuation for the comparison of two nuclear power plant projects, where one consists of a series of smaller units and the other one is a large nuclear power station with the same installed capacity as all modular units taken together.”
• A Real Options Approach to Evaluating New Nuclear Power Plants (2006, background): “…(2004), which compared the value of light water reactors with renewables under uncertainty in the price of CO 2 emission rights in Japan, and (4) Gollier, Proult, Thais, and Walgenwitz (2004), which compared the value of a 1200 MW light-water reactor with four 300 MW modular reactors under…”