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Valuation of wind energy projects: A real options approach
(Basque Centre for Climate Change/Klima Aldaketa Ikergai, 2012-10)
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 ...