Verso Il Pool Elettrico: Un Nuovo Metodo Di Valutazione Delle Centrali (Power Plants Evaluation in an Electricity Pool)

Energia, No. 1, 2002

7 Pages Posted: 26 Mar 2012

See all articles by Alessandro Mauro

Alessandro Mauro

University of Geneva - Geneva School of Economics and Management; Global Association of Risk Professionals (GARP)

Rosario Sgarioto

affiliation not provided to SSRN

Date Written: January 1, 2002

Abstract

The Italian electricity pool brought important changes in the economic evaluation of power plants. This article presents a new model based on option theory and shows how it leads to plant values higher than those obtained by traditional models.

The English version of this document can be found at: http://ssrn.com/abstract=1461493

Note: Downloadable document is in Italian.

Keywords: electricity, pool, real options, ENEL, Autorita' per l'Energia Elettrica e il Gas, CCGT, Gestore del Mercato Elettrico, Monte Carlo simulation

JEL Classification: D40

Suggested Citation

Mauro, Alessandro and Sgarioto, Rosario, Verso Il Pool Elettrico: Un Nuovo Metodo Di Valutazione Delle Centrali (Power Plants Evaluation in an Electricity Pool) (January 1, 2002). Energia, No. 1, 2002, Available at SSRN: https://ssrn.com/abstract=2028944

Alessandro Mauro (Contact Author)

University of Geneva - Geneva School of Economics and Management ( email )

Uni Mail
Bd du Pont-d'Arve 40
Geneva, 1211
Switzerland

Global Association of Risk Professionals (GARP) ( email )

NJ
United States

Rosario Sgarioto

affiliation not provided to SSRN ( email )

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