Please wait, while we are loading the content...
Please wait, while we are loading the content...
| Content Provider | IEEE Xplore Digital Library |
|---|---|
| Author | Buzarquis, E. Blanco, G.A. Olsina, F. Garcés, F.F. |
| Copyright Year | 2010 |
| Description | Author affiliation: Instituto de Energía Eléctrica (IEE) at Universidad Nacional de San Juan (UNSJ), Argentina (Buzarquis, E.; Olsina, F.; Garcés, F.F.) || Facultad Politécnica at Universidad Nacional de Asunción (UNA), Paraguay (Blanco, G.A.) |
| Abstract | After deregulation of the electricity sector, Distributed Generation (DG)has received increasing interest in the power systems development. The identification of efficient and well-timed investments in electric distribution networks that cope with large power market uncertainties is currently an open issue of significant research interest. Strategic flexibility for seizing opportunities and cutting losses contingent upon an unfavorable unfolding of the long-term uncertainties is an attribute of enormous value when assessing irreversible investments in Distribution Systems. In this sense, DG units appear as an effective manner of adding flexibility to the distribution expansion planning. This article proposes an investment valuation approach which properly assesses the option value of deferring investments in distribution feeders whereas gaining flexibility by investing in DG units. The flexibility provided by DG investments -option to abandon and to relocate-is assessed through a Real Option Valuation approach based on the novel Least Square Monte Carlo method(LSM).In order to illustrate the feasibility of the proposed valuation approach, a traditional expansion strategy (distribution feeders) and a flexible investment strategy (distribution feeders and DG) are compared in a study case. The article shows that a proper arrangement of feeders and DG may lead to efficient investments by allowing a progressive adaptation of the distribution grid to the changing scenarios. |
| Starting Page | 341 |
| Ending Page | 348 |
| File Size | 3854696 |
| Page Count | 8 |
| File Format | |
| ISBN | 9781457704888 |
| e-ISBN | 9781457704888 |
| DOI | 10.1109/TDC-LA.2010.5762904 |
| Language | English |
| Publisher | Institute of Electrical and Electronics Engineers, Inc. (IEEE) |
| Publisher Date | 2010-11-08 |
| Publisher Place | Brazil |
| Access Restriction | Subscribed |
| Rights Holder | Institute of Electrical and Electronics Engineers, Inc. (IEEE) |
| Subject Keyword | Uncertainty Valuation Stochastic processes Distribution systems Flexibility Cost accounting Monte Carlo methods LSM Monte Carlo Investments Distributed generation Planning Real options Portfolios Investment |
| Content Type | Text |
| Resource Type | Article |
National Digital Library of India (NDLI) is a virtual repository of learning resources which is not just a repository with search/browse facilities but provides a host of services for the learner community. It is sponsored and mentored by Ministry of Education, Government of India, through its National Mission on Education through Information and Communication Technology (NMEICT). Filtered and federated searching is employed to facilitate focused searching so that learners can find the right resource with least effort and in minimum time. NDLI provides user group-specific services such as Examination Preparatory for School and College students and job aspirants. Services for Researchers and general learners are also provided. NDLI is designed to hold content of any language and provides interface support for 10 most widely used Indian languages. It is built to provide support for all academic levels including researchers and life-long learners, all disciplines, all popular forms of access devices and differently-abled learners. It is designed to enable people to learn and prepare from best practices from all over the world and to facilitate researchers to perform inter-linked exploration from multiple sources. It is developed, operated and maintained from Indian Institute of Technology Kharagpur.
Learn more about this project from here.
NDLI is a conglomeration of freely available or institutionally contributed or donated or publisher managed contents. Almost all these contents are hosted and accessed from respective sources. The responsibility for authenticity, relevance, completeness, accuracy, reliability and suitability of these contents rests with the respective organization and NDLI has no responsibility or liability for these. Every effort is made to keep the NDLI portal up and running smoothly unless there are some unavoidable technical issues.
Ministry of Education, through its National Mission on Education through Information and Communication Technology (NMEICT), has sponsored and funded the National Digital Library of India (NDLI) project.
| Sl. | Authority | Responsibilities | Communication Details |
|---|---|---|---|
| 1 | Ministry of Education (GoI), Department of Higher Education |
Sanctioning Authority | https://www.education.gov.in/ict-initiatives |
| 2 | Indian Institute of Technology Kharagpur | Host Institute of the Project: The host institute of the project is responsible for providing infrastructure support and hosting the project | https://www.iitkgp.ac.in |
| 3 | National Digital Library of India Office, Indian Institute of Technology Kharagpur | The administrative and infrastructural headquarters of the project | Dr. B. Sutradhar bsutra@ndl.gov.in |
| 4 | Project PI / Joint PI | Principal Investigator and Joint Principal Investigators of the project |
Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon |
| 5 | Website/Portal (Helpdesk) | Queries regarding NDLI and its services | support@ndl.gov.in |
| 6 | Contents and Copyright Issues | Queries related to content curation and copyright issues | content@ndl.gov.in |
| 7 | National Digital Library of India Club (NDLI Club) | Queries related to NDLI Club formation, support, user awareness program, seminar/symposium, collaboration, social media, promotion, and outreach | clubsupport@ndl.gov.in |
| 8 | Digital Preservation Centre (DPC) | Assistance with digitizing and archiving copyright-free printed books | dpc@ndl.gov.in |
| 9 | IDR Setup or Support | Queries related to establishment and support of Institutional Digital Repository (IDR) and IDR workshops | idr@ndl.gov.in |
|
Loading...
|