Model Risk and Power Plant Valuation

2013 ◽  
Author(s):  
Karl Bannor ◽  
Ruediger Kiesel ◽  
Anna Nazarova ◽  
Matthias A. Scherer
Keyword(s):  
Power Plant ◽  
Model Risk ◽  
Plant Valuation

Parametric model risk and power plant valuation

2016 ◽  
Vol 59 ◽  
pp. 423-434 ◽  
Author(s):  
Karl Bannör ◽  
Rüdiger Kiesel ◽  
Anna Nazarova ◽  
Matthias Scherer
Keyword(s):  
Power Plant ◽  
Parametric Model ◽  
Model Risk ◽  
Plant Valuation

Modelling the underlying factors for flexible power plant valuation

2019 ◽  
Vol 18 (2) ◽  
pp. 155
Author(s):  
Stathis Polyzos ◽  
Aggelos Armenatzoglou ◽  
Ioannis Kinias ◽  
Aristeidis Samitas
Keyword(s):  
Power Plant ◽  
Plant Valuation

VALUATION OF COMPANIES BASED ON REAL OPTION APPROACH

2018 ◽  
Vol 19 (1) ◽  
pp. 191-205
Author(s):  
Dariusz Michalski
Keyword(s):  
Power Plant ◽  
Random Environment ◽  
Real Option ◽  
Cash Flows ◽  
Valuation Method ◽  
Real Option Approach ◽  
Plant Valuation

Traditional way of companies valuation based on discounted cash-flows do not consider the value of flexibility that managers can create. The objective of this article is the presentation of the theoretical aspects of companies valuation with real option’s approach and DCF method. The case study regards the power plant valuation. Author took assumptions that valuation method based only on DCF do not considers in proper way the flexibility connected to future companies activity. The development of valuation method by real option approach can complete these deficiencies in random environment.

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