Floating offshore wind and the real options to relocate

被引:1
|
作者
Tvedt, Jostein [1 ,2 ,3 ]
机构
[1] BI Norwegian Business Sch, Ctr Ocean Business, Oslo, Norway
[2] Inst Transport Econ, Oslo, Norway
[3] TOI, Gaustadalleeen 21, N-0349 Oslo, Norway
关键词
Floating offshore wind; Mobility; Value of flexibility; Real options valuation; EXIT DECISIONS; LEVELISED COST; ENERGY; UNCERTAINTY; APPRAISAL; VALUATION; ENTRY; MODEL;
D O I
10.1016/j.eneco.2022.106392
中图分类号
F [经济];
学科分类号
02 ;
摘要
Real options to relocate may improve the profitability of the floating offshore wind industry. Location and market switching can contribute to mitigating parts of the cost disadvantage of floating versus fixed-bottom offshore wind. The article derives optimal relocation strategies and real options values under uncertainty. Risk factors that may increase the value of relocation options include electricity prices, capacity factors, political uncertainty, collateral valuation, environmental issues and technological progress.
引用
收藏
页数:9
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