| 来源类型 | Article |
| 规范类型 | 其他 |
| DOI | 10.1016/j.eneco.2008.10.004 |
| ISBN | 0140-9883 |
| A load factor based mean-variance analysis for fuel diversification. | |
| Gotham, Douglas; Muthuraman, Kumar; Preckel, Paul; Rardin, Ronald; Ruangpattana, Suriya | |
| 发表日期 | 2009-03 |
| 出处 | Energy Economics |
| 出版者 | Elsevier |
| 出版年 | 2009 |
| 页码 | 249-256 |
| 语种 | 英语 |
| 摘要 | Fuel diversification implies the selection of a mix of generation technologies for long-term electricity generation. The goal is to strike a good balance between reduced costs and reduced risk. The method of analysis that has been advocated and adopted for such studies is the mean–variance portfolio analysis pioneered by Markowitz (Markowitz, H., 1952. Portfolio selection. Journal of Finance 7(1) 77–91). However the standard mean–variance methodology, does not account for the ability of various fuels/technologies to adapt to varying loads. Such analysis often provides results that are easily dismissed by regulators and practitioners as unacceptable, since load cycles play critical roles in fuel selection. To account for such issues and still retain the convenience and elegance of the mean–variance approach, we propose a variant of the mean–variance analysis using the decomposition of the load into various types and utilizing the load factors of each load type. We also illustrate the approach using data for the state of Indiana and demonstrate the ability of the model in providing useful insights. |
| 特色分类 | HG4900 By region or country$QA0299 Analysis. Including analytical methods connected with physical problems$T0057.6 Operations research. Systems analysis$TA0168 Systems engineering$TK1001 Production of electric energy or power. Powerplants. Central stations |
| 关键词 | Fuel diversity Mean variance Fuel selection Energy risk management Portfolio choice |
| URL | http://sro.sussex.ac.uk/id/eprint/39802/ |
| 来源智库 | Science Policy Research Unit (United Kingdom) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/467564 |
| 推荐引用方式 GB/T 7714 | Gotham, Douglas,Muthuraman, Kumar,Preckel, Paul,et al. A load factor based mean-variance analysis for fuel diversification.. 2009. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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