Please use this identifier to cite or link to this item:
http://hdl.handle.net/11144/4737| Title: | Investment Timing and Social Welfare under Feed-in Tariff Contract |
| Authors: | Barbosa, Luciana Rodrigues, Artur Sardinha, Alberto |
| Keywords: | Investment Analysis Real Options Feed-In-Tariffs Uncertainty Social Welfare Duopolistic Markets |
| Issue Date: | 2020 |
| Publisher: | CICEE. Universidade Autónoma de Lisboa |
| Abstract: | This paper presents a novel model to analyze the effects on the investment timing and social welfare of three feed-in tariffs (FIT) within an oligopolistic market structure. The FIT contracts are the fixed price, the fixed premium, and the minimum price guarantee. The model allows the identification of the optimal time to deploy a renewable energy project and the value of the tariff that maximizes the social welfare for each FIT design. These optimal tariffs generate the same investment timing and the same social welfare. |
| Peer Reviewed: | no |
| URI: | http://hdl.handle.net/11144/4737 |
| metadata.dc.identifier.doi: | https://doi.org/10.26619/UAL-CICEE/WP02.2020 |
| Appears in Collections: | WPs_2020 |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| WORKING-PAPER-O2-2020.pdf | 1,18 MB | Adobe PDF |  View/Open |
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