Listar por autor "Abadie, Luis María"
Mostrando ítems 21-37 de 37
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Optimal Abandonment of Coal-Fired Stations in the EU
Abadie, Luis María; González-Eguino, Mikel; Chamorro, Jose Manuel (Basque Centre for Climate Change/Klima Aldaketa Ikergai, 2010-05-26)Carbon-fired power plants could face some difficulties in a carbon-constrained world. The traditional advantage of coal as a cheaper fuel may decrease in the future if CO2 allowance prices start to increase. This paper ... -
Optimal Investment in Energy Efficiency under Uncertainty
Abadie, Luis María; Chamorro, Jose Manuel; González-Eguino, Mikel (Basque Centre for Climate Change/Klima Aldaketa Ikergai, 2009-11-18)This paper deals with the optimal time to invest in an energy efficiency improvement. There is a broad consensus that such investments quickly pay for themselves in lower energy bills and spared emission allowances. However, ... -
Optimal Slow Steaming Speed for Container Ships under the EU Emission Trading System
Goicoechea Larracoechea, Nestor; Abadie, Luis María (MDPI, 2021-11-09)Slow steaming is an operational measure in ocean-going vessels sailing at slow speeds. It can help climate mitigation efforts by cutting down marine fuel consumption and consequently reducing CO2 and other Greenhouse Gas ... -
Powering newly constructed vessels to comply with ECA regulations under fuel market prices uncertainty: Diesel or dual fuel engine?
Abadie, Luis María; Goicoechea Larracoechea, Nestor (Elsevier, 2019)Over the last decade, marine engine engineering has evolved considerably, to the point where engine technology can be considered mature and reliable using LNG as fuel without affecting safety at sea. This paper analyses ... -
Revenue Risk of US Tight-Oil Firms
American U.S. crude oil prices have dropped significantly of late down to a low of less than $30 a barrel in early 2016. At the same time price volatility has increased and crude in storage has reached record amounts in ... -
Risk measures and the distribution of damage curves for 600 European coastal cities
Abadie, Luis María; Galarraga, I.; Markandya, A.; Sainz, De, Murieta, E. (IOP Publishing, 2019)A good understanding of climate change damages is vital to design effective adaptation policies and measures. Using a dataset of probabilistic sea-level rise and other of flood damages and protection cost curves for the ... -
Sea level damage risk with probabilistic weighting of IPCC scenarios: An application to major coastal cities
Abadie, Luis María (Elsevier, 2018)In some coastal cities there is an urgent need to decide on adaptation investments given the long periods needed to complete the relevant infrastructures. However such decisions are usually made under significant uncertainty ... -
Stochastic diffusion models to describe the evolution of annual heatwave statistics: A three-factor model with risk calculations
Abadie, Luis María; Chiabai, A.; Neumann, M.B. (Elsevier, 2019)In view of risk assessments this paper proposes a stochastic diffusion model to characterise statistics of extreme events when climate- or environmental variables surpass critical thresholds. The proposed three-factor model ... -
The Costs of Sea-Level Rise: Coastal Adaptation Investments vs. Inaction in Iberian Coastal Cities
Abadie, Luis María; Sainz de Murieta Zugadi, Elisa; Galarraga Gallastegui, Ibon (MDPI, 2020-04-24)Iberian coastal cities are subject to significant risks in the next decades due to climate change-induced sea-level rise. These risks are quite uncertain depending on several factors. In this article, we estimate potential ... -
The Determinants of Energy Efficiency Investments in the U.S.
Abadie, Luis María; Arigoni Ortiz, Ramon; Galarraga, Ibon (Basque Centre for Climate Change/Klima Aldaketa Ikergai, 2010-11-08)This paper analyses decisions on energy efficiency (EE) investments by small and medium manufacturing enterprises in the U.S. which have received assessment from the Department of Energy (DoE). The results confirm the ... -
The Economics of Gasification: A Market-Based Approach
This paper deals with the economics of gasification facilities in general and IGCC power plants in particular. Regarding the prospects of these systems, passing the technological test is one thing, passing the economic ... -
The use of “Bonus-Malus” schemes for promoting energy-efficient household appliances: a case study for Spain
Abadie, Luis María (Basque Centre for Climate Change/Klima Aldaketa Ikergai, 2014-09-22)Subsidies to promote the purchase of energy-efficient household appliances have been extensively used in many countries. This paper deals with the case of the Spanish rebate scheme, and proposes the use of both subsidies ... -
Understanding risks in the light of uncertainty: low-probability, high-impact coastal events in cities
Abadie, Luis María; Galarraga, Ibon; Sainz de Murieta Zugadi, Elisa (Environmental Research Letters, 2017-01-17)A quantification of present and future mean annual losses due to extreme coastal events can be crucial for adequate decision making on adaptation to climate change in coastal areas around the globe. However, this approach ... -
Valuation of Real Options in Crude Oil Production
Oil producers are going through a hard period. They have a number of real options at their disposal. This paper addresses the valuation of two of them: the option to delay investment and the option to abandon a producing ... -
Valuation of wind energy projects: A real options approach
Abadie, Luis María; Chamorro, Jose Manuel (Basque Centre for Climate Change/Klima Aldaketa Ikergai, 2012-10)This paper addresses the valuation of an operating wind farm and the Â…nite-lived option to invest in such a farm under di¤erent reward and/or support schemes. They range from a feed-in tari¤ to a premium on top of ... -
Valuing Expansions of the Electricity Transmission Network under Uncertainty: The Binodal Case
Transmission investments are currently needed to meet an increasing electricity demand, to address security of supply concerns, and to reach carbon-emissions targets. A key issue when assessing the benefits from an expanded ... -
Valuing Flexibility: The case of an Integrated Gasification Combined Cycle Power Plant
In this paper we analyze the valuation of options stemming from the flexibility in an Integrated Gasification Combined Cycle (IGCC) Power Plant. First we use as a base case the opportunity to invest in a Natural Gas Combined ...