Abstract
This thesis considers uncertainty on the long term generation expansion planning in the Brazilian Electric System, under a Real Options Approach . First, Real Options Theory is used to demonstrate the importance of thermo power plants insertion in Brazil, through a flexibility valuation on hydrothermal system. This is the first objective of this thesis. In the second part a Real Options Model is proposed to support long term expansion studies, based in a levelized costs analysis. The adequacy of proposed models to real problem is illustrated by a case study of the Brazilian Power System. The results show the importance of the energetic matrix diversification on the Long Term Planning. In the expansion model proposed, results are in favor of higher participation of biomass, nuclear power and coal in Brazilian electricity generation matrix. (author)
Citation Formats
Marreco, Juliana de Moraes.
Long expansion planning of electrical power availability in Brazil under the real options theoretical approach; Planejamento de longo prazo da expansao da oferta de energia eletrica no Brasil sob uma perspectiva da teoria das opcoes reais.
Brazil: N. p.,
2007.
Web.
Marreco, Juliana de Moraes.
Long expansion planning of electrical power availability in Brazil under the real options theoretical approach; Planejamento de longo prazo da expansao da oferta de energia eletrica no Brasil sob uma perspectiva da teoria das opcoes reais.
Brazil.
Marreco, Juliana de Moraes.
2007.
"Long expansion planning of electrical power availability in Brazil under the real options theoretical approach; Planejamento de longo prazo da expansao da oferta de energia eletrica no Brasil sob uma perspectiva da teoria das opcoes reais."
Brazil.
@misc{etde_21453889,
title = {Long expansion planning of electrical power availability in Brazil under the real options theoretical approach; Planejamento de longo prazo da expansao da oferta de energia eletrica no Brasil sob uma perspectiva da teoria das opcoes reais}
author = {Marreco, Juliana de Moraes}
abstractNote = {This thesis considers uncertainty on the long term generation expansion planning in the Brazilian Electric System, under a Real Options Approach . First, Real Options Theory is used to demonstrate the importance of thermo power plants insertion in Brazil, through a flexibility valuation on hydrothermal system. This is the first objective of this thesis. In the second part a Real Options Model is proposed to support long term expansion studies, based in a levelized costs analysis. The adequacy of proposed models to real problem is illustrated by a case study of the Brazilian Power System. The results show the importance of the energetic matrix diversification on the Long Term Planning. In the expansion model proposed, results are in favor of higher participation of biomass, nuclear power and coal in Brazilian electricity generation matrix. (author)}
place = {Brazil}
year = {2007}
month = {May}
}
title = {Long expansion planning of electrical power availability in Brazil under the real options theoretical approach; Planejamento de longo prazo da expansao da oferta de energia eletrica no Brasil sob uma perspectiva da teoria das opcoes reais}
author = {Marreco, Juliana de Moraes}
abstractNote = {This thesis considers uncertainty on the long term generation expansion planning in the Brazilian Electric System, under a Real Options Approach . First, Real Options Theory is used to demonstrate the importance of thermo power plants insertion in Brazil, through a flexibility valuation on hydrothermal system. This is the first objective of this thesis. In the second part a Real Options Model is proposed to support long term expansion studies, based in a levelized costs analysis. The adequacy of proposed models to real problem is illustrated by a case study of the Brazilian Power System. The results show the importance of the energetic matrix diversification on the Long Term Planning. In the expansion model proposed, results are in favor of higher participation of biomass, nuclear power and coal in Brazilian electricity generation matrix. (author)}
place = {Brazil}
year = {2007}
month = {May}
}