Now showing items 1-17 of 17

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      Climate Risk Assessment under Uncertainty: An Application to Main European Coastal Cities 

      Abadie, Luis María; Sainz de Murieta, Elisa; Galarraga, Ibon (Frontiers in Marine Science, 2016-12-16)
      This paper analyses the risk of extreme coastal events in major European coastal cities using a stochastic diffusion model that is calibrated with the worst case emission scenario from the Intergovernmental Panel for Climate ...
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      Economic Efficiency, Environmental Effectiveness and Political Feasibility of Energy Efficiency Rebates: The Case of the Spanish Energy Efficiency 'Renove' Plan 

      Galarraga, Ibon; Abadie, Luis María; Ansuategi, Alberto (Basque Centre for Climate Change/Klima Aldaketa Ikergai, 2013-02-02)
      Energy labels are used to promote the purchase of efficient appliances. Many countries in Europe use subsidies (namely energy efficiency rebates) to support these purchases as it is the case of Spain. A figure ranging from ...
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      Evaluation of two alternative carbon capture and storage technologies 

      Abadie, Luis María; Lucas, Josu; Galarraga, Ibon (Basque Centre for Climate Change/Klima Aldaketa Ikergai, 2013-05-16)
      * Carbon dioxide capture and storage (CCS) is one of the technologies for fighting climate change in the future. The use of CO2 for enhanced oil recovery (EOR) paired with storage in deep saline formations (DSF) could ...
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      Evaluation of Two Alternative Carbon Capture and Storage Technologies: A Stochastic Model 

      Abadie, Luis María; Galarraga, Ibon; Rübbelke, Dirk (Basque Centre for Climate Change/Klima Aldaketa Ikergai, 2013-03-03)
      In this paper we evaluate two alternative CCS technologies of a coal-fired power plant from an investor’s point of view. The first technology uses CO2 for enhanced oil recovery (EOR) paired with storage in deep saline ...
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      Income risk of EU coal-fired power plants after Kyoto 

      Abadie, Luis María; Chamorro Gómez, José Manuel (2008-10)
      Coal-fired power plants may enjoy a significant advantage relative to gas plants in terms of cheaper fuel cost. Still, this advantage may erode or even turn into disadvantage depending on CO2 emission allowance price. This ...
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      Long Term Dynamics in CO2 Allowance Prices and Carbon Capture Investments 

      Abadie, Luis María; Chamorro Gómez, José Manuel (2007-05)
      In this paper we analyse the behaviour of the EU market for CO2 emission allowances; specifically, we focus on the contracts maturing in the Kyoto Protocol's second period of application (2008 to 2012). We calibrate the ...
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      Monte Carlo Valuation of natural gas investments 

      Abadie, Luis María; Chamorro Gómez, José Manuel (2006-07)
      This paper deals with the valuation of energy assets related to natural gas. In particular, we evaluate a baseload Natural Gas Combined Cycle (NGCC) power plant and an ancillary instalation, namely a Liquefied Natural Gas ...
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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 ...
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      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, ...
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      Revenue Risk of US Tight-Oil Firms 

      Abadie, Luis María; Chamorro Gómez, José Manuel (MDPI, 2016-10)
      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 ...
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      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 ...
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      The Economics of Gasification: A Market-Based Approach 

      Abadie, Luis María; Chamorro Gómez, José Manuel (MDPI, 2009-09)
      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 ...
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      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 ...
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      Understanding risks in the light of uncertainty: low-probability, high-impact coastal events in cities 

      Abadie, Luis María; Galarraga, Ibon; Sainz de Murieta, 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 ...
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      Valuation of wind energy projects: A real options approach 

      Abadie, Luis María; Chamorro, Jose Manuel (Basque Centre for Climate Change/Klima Aldaketa Ikergai, 1905-07-04)
      This paper addresses the valuation of an operating wind farm and the …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 ...
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      Valuing Expansions of the Electricity Transmission Network under Uncertainty: The Binodal Case 

      Abadie, Luis María; Chamorro Gómez, José Manuel (MDPI, 2011-10)
      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 ...
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      Valuing Flexibility: The case of an Integrated Gasification Combined Cycle Power Plant 

      Abadie, Luis María; Chamorro Gómez, José Manuel (2005-10)
      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 ...