Memorias de investigación
Communications at congresses:
PROYECTOS DE GENERACIÓN ELÉCTRICA DE ORIGEN GEOTÉRMICO EN ALEMANIA: ANÁLISIS ECONÓMICO DE UN CASO DE ESTUDIO APLICANDO EL MÉTODO DE LAS OPCIONES REALES
Year:2019

Research Areas
  • Economy,
  • Company,
  • Industry,
  • Industrial structure,
  • Ecological economy

Information
Abstract
- It is not a novelty that renewable energies are being the source of energy towards where the efforts of different countries are aiming to mitigate the negative environmental impact generated by years of fossil-based energy use. In this sense, the German government has developed a regulatory framework for the development of electricity generation projects of geothermal origin. This Renewable Energy Sources Act (EEG) came into effect on April 1, 2000. In June 2011, the German Bundestag approved an amendment to this law that came into effect on January 1, 2012 (Renewable Energy Sources Act EEG 2012) [1]. This research analyzes this regulatory framework and focuses on the options that are presented to the promoters that are susceptible to valuation by applying the methodology of the real options. In particular, the paper analyzes the influence that this regulatory framework has on the valuation of geothermal energy. Given the options that this regulation incorporates, it has been considered appropriate to incorporate the effect of these real options into the valuation of projects.
International
Si
Congress
4º CONGRESO INTERNACIONAL DE INNOVACIÓN TECNOLÓGICA EN EDIFICACIÓN CITE 2019
960
Place
Madrid
Reviewers
Si
ISBN/ISSN
978-84-16397-91-4
Start Date
06/08/2019
End Date
08/08/2019
From page
186
To page
187
CITE 2019 Proceedings (LIBRO DE ACTAS)
Participants

Research Group, Departaments and Institutes related
  • Creador: Grupo de Investigación: Ingeniería de la Calidad Alimentaria
  • Departamento: Ingeniería de Organización, Administración de Empresas y Estadística