Publications - InvestExl
List of Publication
Scientific publications
2017:
- Brøndbo, H. K., Storebø, A., Boomsma, Fleten, S. E., & Boomsma T. K. (2017). Electricity capacity expansion in a Cournot duopoly. International Conference on the European Energy Market.
- Hustveit, M., Frogner, J. S., & Fleten, S. E. (2017). Tradable green certificates for renewable support: The role of expectations and uncertainty. Energy, 141, 1717-1727.
- Ødegård, H. L., Eidsvik, J., & Fleten, S. E. (2017). Value of information analysis of snow measurements for the scheduling of hydropower production. Energy Systems, 1-19
2018:
- Dalby, P.A.O., Gillerhaugen, G.R., Hagspiel, V., Leth-Olsen T., & Thijssen J. J. J. (2018). Green Investment under Policy Uncertainty and Bayesian Learning. Energy, Volume 161, 1262-1281.
- Finjord, F., Hagspiel V., Lavrutich, M., & Tangen, M. (2018). The impact of the Norwegian-Swedish green certificate scheme on the investment behavior: A wind energy case study. Energy Policy, Volume 123 373-389.
- Fleten, S. E., Ingebrigtsen, K., Kaldahl, J., & Ullrich, C. J. (2018). Sequential Investment in Gas-Fired Power Plants. In Transforming Energy Markets, 41st IAEE International Conference, Jun 10-13, 2018. International Association for Energy Economics.
- Guerra, M., Kort, P., Nunes, C., & Oliveira, C. (2018). Hysteresis due to irreversible exit: Addressing the option to mothball. Journal of Economic Dynamics and Control, 92, 69-83.
- Støre, K., Fleten, S.-E., Hagspiel, V., & Nunes, C. (2018). Switching from Oil to Gas production in a Depleting Field. European Journal of Operational Research, Volume 271, Issue 2, 710-719.
2019:
- Bigerna, S., Wen, X., Hagspiel, V., & Kort, P. M. (2019). Green electricity investments: Environmental target and the optimal subsidy. European Journal of Operational Research, 279(2), 635-644.
- Fleten, S. E., Fram, B. P., Ledsaak, M., Mehl, S., Røssum, O., & Ullrich, C. J. (2019). The Effect Of Capacity Payments On Peaking Generator Availability In PJM. IAEE International Conference proceedings.
- Fleten, S. E., Haugom, E., Pichler, A., & Ullrich, C. J. (2019). Observed switches and derived profitability indicators for peaking power plants: Northeast US 2001–2009. Data in brief, 25.
- Kozlova, M., Fleten, S. E., & Hagspiel, V. (2019). Investment timing and capacity choice under rate-of-return regulation for renewable energy support. Energy, 174, 591-601.
2020:
- Barbosa, L., Nunes, C., Rodrigues, A., Sardinha, A., (2020). Feed-in tariff contract schemes and regulatory uncertainty. Innovative Applications of O.R., 287 (1), 331-347.
- Brøndbo, H. K., Storebø, A., Boomsma, T. K., Skar, C., & Fleten, S. E. (2020). A real options approach to generation capacity expansion in imperfectly competitive power markets. Energy Systems, 11(3), 515-550.
- Fleten, S. E., Haugom, E., Pichler, A., & Ullrich, C. J. (2020). Structural estimation of switching costs for peaking power plants. European Journal of Operational Research, 285(1), 23-33.
- Gapeev, P. V., Kort, P. M., & Lavrutich, M. (2020). Discounted optimal stopping problems for maxima of geometric Brownian motions with switching payoffs. Advances in Applied Probability.
- Hagspiel, V., Nunes, C., Oliveira, C., & Portela, M. (2020). Green investment under time-dependent subsidy retraction risk. Journal of Economic Dynamics and Control, 103936.
- Kozlova, M., Fleten, S. E., & Hagspiel, V. (2020). Optimal timing and capacity choice under the rate-of-return renewable energy support. MethodsX.
- Sendstad, L. H., & Chronopoulos, M. (2020). Sequential investment in renewable energy technologies under policy uncertainty. Energy Policy, 137, 111152.
- Sendstad, L. H., & Chronopoulos, M. (2020). Strategic technology switching under risk aversion and uncertainty. Journal of Economic Dynamics and Control, 103918.
- Trivella, A., Nadarajah, S., Fleten, S. E., Mazieres, D., & Pisinger, D. (2020). Managing shutdown decisions in merchant commodity and energy production: A social commerce perspective. Manufacturing & Service Operations Management.
2021:
- Ifwarsson, E. J. V., Kleiven, L. E., Sendstad, L. H., & Hagspiel, V. (2021). Policy uncertainty in Scandinavian countries, Economics Letters, 209.
- Nagy, R. L. G., Hagspiel, V. & Kort, P. M. (2021). Green capacity investment under subsidy withdrawal risk. Energy Economics, 98.
- Sendstad, L. H., & Chronopoulos, M., Hagspiel, V. (2021). Optimal Risk Adoption and Capacity Investment in Technological Innovations. IEEE Transactions on Engineering Management.
- De Weerdt, L., Compernolle, T., Hagspiel, V., Kort, P., & Oliveira, C. (2021). Stepwise Investment in Circular Plastics Under the Presence of Policy Uncertainty. Environmental and Resource Economics, 1-31.
2022:
- Lavrutich, L., Hagspiel, V. & Siddiqui, S. A. (2022). Transmission Investment under Uncertainty: Reconciling Private and Public Incentives. European Journal of Operations Research, (In Press).
- Sendstad, L. H., Hagspiel, V., Mikkelsen, W. J., Ravndal, R., & Tveitstøl, M. (2022). The impact of subsidy retraction on European renewable energy investments, Energy Policy, 160.
- Sund, S., Sendstad, L. H. & Thijssen, J. J. J. (2022). Kalman filter approach to real options with active learning. Computational Management Science, 1-34.
- Thijssen, J.J.J. (2022). Optimal investment and abandonment decisions for projects with construction uncertainty, European Journal of Operational Research, Volume 298.
Working papers
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Hagspiel, V, R.L.G. Nagy, J.J.J Thijssen (2021). Investment under a disruptive risk with costly Bayesian learning: The optimal choice of the learning rate. Working paper
Popular press
- Sendstad, L. H. (2020). Usikkerhet reduserer virkningen av elbilpolitikken. Dagens Næringsliv. 27 September.