Investment Model for Expansion Planning of Electric Generating Systems under Uncertainty
LI Kai-hai
DOI:10.11835/j.issn.1674-4764.2004.01.026
Received ,Revised September 30, 2003, Accepted , Available online July 01, 2015
Volume ,2004,Pages 119-123
- Abstract
In this paper, traditional investment model for expansion planning of electric generating system is modified, the investment model for expansion planning of electric generating system under uncertainty is modeled and the method of calculating option value of waiting is discussed.