Making optimal investment decisions for energy service companies under uncertainty: A case study

Energy ◽  
2015 ◽  
Vol 88 ◽  
pp. 234-243 ◽  
Author(s):  
Qianli Deng ◽  
Xianglin Jiang ◽  
Limao Zhang ◽  
Qingbin Cui
Keyword(s):  
Investment Decisions ◽  
Optimal Investment ◽  
Service Companies ◽  
Energy Service

scholarly journals Optimal investment decisions in lice-fighting technologies: A case study in Norway

Aquaculture ◽  
2019 ◽  
Vol 504 ◽  
pp. 300-313 ◽  
Author(s):  
Oscar M. Brakstad ◽  
Verena Hagspiel ◽  
Maria N. Lavrutich ◽  
Dunja Matanovic
Keyword(s):  
Investment Decisions ◽  
Optimal Investment

Price and subsidy under uncertainty: Real-option approach to optimal investment decisions on energy storage with solar PV

2021 ◽  
pp. 0958305X2199229
Author(s):  
Jingyu Qu ◽  
Wooyoung Jeon
Keyword(s):  
Renewable Energy ◽  
Energy Storage ◽  
Real Option ◽  
Financial Burden ◽  
Investment Decisions ◽  
Optimal Investment ◽  
Investment Incentives ◽  
Solar Pv ◽  
Increased Risk ◽  
Trigger Price

Renewable generation sources still have not achieved economic validity in many countries including Korea, and require subsidies to support the transition to a low-carbon economy. An initial Feed-In Tariff (FIT) was adopted to support the deployment of renewable energy in Korea until 2011 and then was switched to the Renewable Portfolio Standard (RPS) to implement more market-oriented mechanisms. However, high volatilities in electricity prices and subsidies under the RPS scheme have weakened investment incentives. In this study we estimate how the multiple price volatilities under the RPS scheme affect the optimal investment decisions of energy storage projects, whose importance is increasing rapidly because they can mitigate the variability and uncertainty of solar and wind generation in the power system. We applied mathematical analysis based on real-option methods to estimate the optimal trigger price for investment in energy-storage projects with and without multiple price volatilities. We found that the optimal trigger price of subsidy called the Renewable Energy Certificate (REC) under multiple price volatilities is 10.5% higher than that under no price volatilities. If the volatility of the REC price gets doubled, the project requires a 26.6% higher optimal investment price to justify the investment against the increased risk. In the end, we propose an auction scheme that has the advantage of both RPS and FIT in order to minimize the financial burden of the subsidy program by eliminating subsidy volatility and find the minimum willingness-to-accept price for investors.

How “The Three Rules” guide strategy and investment decisions at Deloitte Consulting LLP

2015 ◽  
Vol 43 (3) ◽  
pp. 7-14 ◽  
Author(s):  
Jim Moffatt
Keyword(s):  
Design Methodology ◽  
Large Scale ◽  
Investment Decisions ◽  
Decision Makers ◽  
Research Project ◽  
Content Type ◽  
First Case ◽  
Practical Implications ◽  
Thought Leadership

Purpose – This case example looks at how Deloitte Consulting applies the Three Rules synthesized by Michael Raynor and Mumtaz Ahmed based on their large-scale research project that identified patterns in the way exceptional companies think. Design/methodology/approach – The Three Rules concept is a key piece of Deloitte Consulting’s thought leadership program. So how are the three rules helping the organization perform? Now that research has shown how exceptional companies think, CEO Jim Moffatt could address the question, “Does Deloitte think like an exceptional company?” Findings – Deloitte has had success with an approach that promotes a bias towards non-price value over price and revenue over costs. Practical implications – It’s critical that all decision makers in an organization understand how decisions that are consistent with the three rules have contributed to past success as well as how they can apply the rules to difficult challenges they face today. Originality/value – This is the first case study written from a CEO’s perspective that looks at how the Three Rules approach of Michael Raynor and Mumtaz Ahmed can foster a firm’s growth and exceptional performance.

scholarly journals Hydrokinetic Energy Opportunity for Rural Electrification in Nigeria

2018 ◽  
Vol 7 (2) ◽  
pp. 183-190 ◽  
Author(s):  
Ogunjuyigbe Ayodeji Samson Olatunji ◽  
Ayodele Temitope Raphael ◽  
Ibitoye Tahir Yomi
Keyword(s):  
Rural Communities ◽  
Energy Demand ◽  
Optimal Investment ◽  
Rural Electrification ◽  
Economic Activities ◽  
Energy Potential ◽  
Ongoing Research ◽  
Hydrokinetic Energy ◽  
Potential Site

This paper is part of the ongoing research by the Power, Energy, Machine and Drive (PEMD) research group of the Electrical Engineering Department of the University of Ibadan. The paper presents various sites with possible hydrokinetic energy potential in Nigeria with the aim of quantifying their energy potential for rural electrification application. Overview of hydrokinetic technology is also presented with the view of highlighting the opportunities and the challenges of the technology for rural electrification. A case study of using hydrokinetic turbine technology in meeting the energy demand of a proposed civic center in a remote community is demonstrated.  Some of the key findings revealed that Nigeria has many untapped hydrokinetic potential site and if adequately harnessed can improve the energy poverty and boost economic activities especially in the isolated and remote rural communities, where adequate river water resource is available. The total estimated untapped hydrokinetic energy potential in Nigeria is 111.15MW with the Northern part of the country having 68.18MW while the Southern part has 42.97MW. The case study shows that harnessing hydrokinetic energy of potential site is promising for rural electrification. This paper is important as it will serve as an initial requirement for optimal investment in hydrokinetic power development in Nigeria.Article History: Received November 16th 2017; Received in revised form April 7th 2018; Accepted April 15th 2018; Available onlineHow to Cite This Article: Olatunji, O.A.S., Raphael, A.T. and Yomi, I.T. (2018) Hydrokinetic Energy Opportunity for Rural Electrification in Nigeria. Int. Journal of Renewable Energy Development, 7(2), 183-190.https://doi.org/10.14710/ijred.7.2.183-190

scholarly journals USING THE SERVQUAL MODEL TO ASSESSMALL SERVICE QUALITY AND CUSTOMER SATISFACTION

2017 ◽  
Vol 14 (1) ◽  
pp. 82
Author(s):  
Larissa Maria Argollo de Arruda Falcão ◽  
Taciana De Barros Jerônimo ◽  
Fagner José Coutinho de Melo ◽  
Joas Tomaz de Aquino ◽  
Denise Dumke de Medeiros
Keyword(s):  
Point Of View ◽  
Service Performance ◽  
Level Of Service ◽  
Future Research ◽  
Good Service ◽  
Administrative Services ◽  
Service Companies ◽  
Basic Performance

This  paper  use  SERVQUAL measure  for  assessingthe  quality  of  the  administrative  services  in  a  large  mall,located in Brazil,  seen from the point of view of the currentservice  providers.  A questionnaire  was  used  to  interview 68service companies, and 5 CEO mall of this case of study. Twofactors were compared: the expectations and perceptions of theservice  providers,  the  comparison  enabled  the  strengths  andweaknesses of the quality perceived of the services offered bythe  mall  were  undertaken  as  a  case  study. Understand whatfeatures  and  level  of  service  must  have  in  order  to  meetconsumer needs, against on how consumers perceive the actualmall  performance  in  the  context  of  what  they  expected  to ensuring  good  service  to  classify  into  three  categories  offactors:  Basic,  Performance  and  Excitement.The  findings  ofthis study may prompt future research to create a new tool tohelp those managers and service companies in the process ofmaking decisions aimed at improving the strategic relationshipwith retail companies and thus to improve the quality of themall  services.  One  contribution  of  this  study  is  the  simpleproposed model used to understanding how quality processesaffect each organizational dimension of service performance.

scholarly journals TAX RESEARCH Financial Accounting versus Tax Accounting - Tax Rules’ Impact on Investment Decisions

2016 ◽  
Vol 4 (1) ◽  
pp. 9
Author(s):  
Dr.Sc. Skender Ahmeti ◽  
Dr.Sc. Muhamet Aliu ◽  
MSc. Alban Elshani ◽  
Yllka Ahmeti
Keyword(s):  
Investment Decisions ◽  
Financial Statements ◽  
Financial Accounting ◽  
Future Research ◽  
International Accounting Standards ◽  
Corporation Tax ◽  
Tax Research ◽  
The Impact

This paper provides guidance for all those interested in research related to tax. In the study are included three main areas dealing with taxes and about taxes: (1) the role of information in corporation tax expenditures under the rules and laws of the country against financial statements according to international accounting standards, (2) case study PTK; how much effective tax and tax on extra profit has it paid (3) the impact of tax rules on investment decisions - the reasons and profits of the company and the host country. We will try to summarize here the three areas of study and come to some conclusions on how to deal with fiscal policy in Kosovo. In addition, we will offer our opinion on some interesting and important questions for future research.

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