scholarly journals Analysis of Strategic Directions in Sustainable Hydrogen Investment Decisions

2020 ◽  
Vol 12 (11) ◽  
pp. 4581
Author(s):  
Lu Zhu ◽  
Lanli Hu ◽  
Serhat Yüksel ◽  
Hasan Dinçer ◽  
Hüsne Karakuş ◽  
...  
Keyword(s):  
Research And Development ◽  
Hydrogen Energy ◽  
Investment Strategies ◽  
Energy Investment ◽  
Technological Infrastructure ◽  
Investment Projects ◽  
Financial Factors ◽  
Causality Relationship ◽  
Effective Hydrogen ◽  
Interval Valued

This study seeks to find the appropriate strategies necessary to make sustainable and effective hydrogen energy investments. Within this scope, nine different criteria are defined regarding social, managerial, and financial factors. A hesitant, interval-valued, intuitionistic fuzzy (IVIF) decision-making trial and evaluation laboratory (DEMATEL) methodology is considered to calculate the degree of importance of the criteria. Additionally, impact relation maps are also generated to visualize the causality relationship between the factors. The findings indicate that the technical dimension has the greatest importance in comparison to managerial and financial factors. Furthermore, it is also concluded that storage and logistics, research and development, and technological infrastructure are the most significant factors to be considered when defining hydrogen energy investment strategies. Hence, before investing in hydrogen energy, necessary actions should be taken to minimize the storage and logistic costs. Among them, building the production site close to the usage area will contribute significantly to this purpose. In this way, possible losses during the transportation of hydrogen can be minimized. Moreover, it is essential to identify the lowest-cost hydrogen storage method by carrying out the necessary research and development activities, thereby increasing the sustainability and effectiveness of hydrogen energy investment projects.

scholarly journals Significant Issues of Nuclear Energy Investment Decisions for Energy Importer Countries

2021 ◽  
Vol 3 (1) ◽  
pp. 1-12
Author(s):  
Hasan Dinçer ◽  
Gülsüm Sena Uluer
Keyword(s):  
Nuclear Power ◽  
Power Plants ◽  
Nuclear Energy ◽  
Nuclear Power Plants ◽  
Investment Decisions ◽  
Entropy Method ◽  
Energy Investment ◽  
Technological Infrastructure ◽  
Environmental Pollution Problem ◽  
Energy Companies

Nuclear energy investments are important for the social and economic development of countries. Thanks to these investments, no carbon gas is released into the atmosphere while providing energy. This situation prevents the environmental pollution problem. On the other hand, nuclear energy contributes to countries to obtain uninterrupted electricity. However, the installation of nuclear power plants is now difficult. A serious technological infrastructure is required to build these facilities. This situation is especially important for countries that do not yet have nuclear power plants. In order to increase the use of nuclear energy in these countries, support from nuclear energy companies is required. However, nuclear energy investors may not want to invest in every country. In this study, the factors that affect the investment decisions of nuclear energy investors are analyzed. In this framework, a detailed literature analysis was performed, and 4 different criteria were determined. An analysis was carried out using the Entropy method to determine the most important factor among these factors. According to the results of the analysis, it is determined that the socio-political factors in the country have the most importance in the decisions of nuclear energy investors. Considering these issues, it is understood that countries should pay attention to public acceptance to attract the attention of nuclear energy investors.

Overview on the Current Status of Hydrogen Energy Research and Development in India

2020 ◽  
Vol 43 (4) ◽  
pp. 613-624 ◽  
Author(s):  
Venkata Manikanta Medisetty ◽  
Ravinder Kumar ◽  
Mohammad Hossein Ahmadi ◽  
Dai-Viet N. Vo ◽  
A. A. V. Ochoa ◽  
...  
Keyword(s):  
Research And Development ◽  
Current Status ◽  
Hydrogen Energy ◽  
Energy Research

scholarly journals Balanced Scorecard-Based Evaluation of Sustainable Energy Investment Projects with IT2 Fuzzy Hybrid Decision Making Approach

Energies ◽  
2019 ◽  
Vol 13 (1) ◽  
pp. 82 ◽  
Author(s):  
Pengran Zhou ◽  
Pengfei Zhou ◽  
Serhat Yüksel ◽  
Hasan Dinçer ◽  
Gülsüm Sena Uluer
Keyword(s):  
Financial Institutions ◽  
Balanced Scorecard ◽  
Large Scale ◽  
Fuzzy Dematel ◽  
Energy Investment ◽  
The Balanced Scorecard ◽  
Investment Projects ◽  
Energy Projects ◽  
Interval Type ◽  
Energy Companies

The purpose of this study is to determine the issues that financial institutions should pay attention to in their decision to provide financing to large scale energy projects. Within this framework, taking into account the Balanced Scorecard (BSC) approach, 4 dimensions and 8 criteria that can be effective in these decisions of financial institutions were determined. After that, the importance weights of these dimensions and criteria were determined by interval type-2 (IT2) fuzzy DEMATEL method. In addition, 3 different types of banks (public, private, foreign) are listed for their performance in financing energy projects. According to the results of the analysis, the technological and financial adequacy of the company that will invest in energy is the issue that financial institutions should pay the most attention to in their credit decision. Therefore, it is important for financial institutions to visit the customer's location and pay attention to the technological adequacy in the process of evaluating the customer's demand for credit for a large-scale energy project. In addition, it would be appropriate not to provide this fund to the energy companies with high indebtedness and insufficient liquidity. Another result of the study is that state banks have the lowest performance in financing these large-scale energy projects. When this result is taken into consideration, state banks need to pay more attention in evaluating large-scale energy projects in order to avoid major losses.

7.3.2 Optimization of Research and Development Investment Strategies

2004 ◽  
Vol 14 (1) ◽  
pp. 1481-1493
Author(s):  
Kevin Gormley ◽  
James C. Fishenden ◽  
William T. Scherer
Keyword(s):  
Research And Development ◽  
Investment Strategies

real investment

2017 ◽  
Author(s):  
Марина Чараева ◽  
Marina Charaeva
Keyword(s):  
Professional Education ◽  
Strategic Human Resource Management ◽  
Federal State ◽  
Investment Strategies ◽  
Investment Planning ◽  
Investment Activity ◽  
Investment Projects ◽  
Wide Range ◽  
State Educational ◽  
Real Investment

Covers the basics of real investment in the Russian Federation as the basis of economic development of the country. Examines the major categories of investments, investment policy, investment climate in Russia, the basic approaches and techniques. Highlights the features of investment activity of commercial enterprises, the formation of investment strategies, strategic human resource management in the investment process. In the conditions of innovative development of the Russian economy the special relevance of investment planning and business planning at the enterprises. Reveal the financial potential of investment activity and portfolio investment projects. The wide range of topics related to the evaluation of the effectiveness and riskiness of investment projects. Meets the current requirements of the Federal state educational standard of higher education. For undergraduate and graduate students in the areas of economic and managerial profile of the students, teachers and listeners of system of additional professional education.

scholarly journals Time Horizon, Costs of Equity Capital, and Generic Investment Strategies of Firms

2007 ◽  
Vol 20 (1) ◽  
pp. 1-15 ◽  
Author(s):  
Thomas Zellweger
Keyword(s):  
Default Risk ◽  
Time Horizon ◽  
Family Firms ◽  
Economic Value ◽  
Equity Capital ◽  
Investment Strategies ◽  
Cost Of Equity Capital ◽  
Short Term ◽  
Investment Projects

Recent literature (McNulty, Yeh, Schulze, & Lubatkin, 2002) states that the assumptions behind the capital asset pricing model, in particular the irrelevance of time horizon, do not correspond to the characteristics of firms that prefer long-term investment horizons. I show that family firms display a longer time horizon than most of their nonfamily counterparts, since (1) family firms display a longer CEO tenure, (2) this type of firm strives for long-term independence and succession within the family, and (3) due to the fact that family firms are overrepresented on western European stock markets in cyclical industries in which business cycles inhibit short-term success. As the annual default risk of an investment diminishes with increasing holding period (Hull, 2003), the risk-equivalent cost of equity capital of firms with longer planning horizons (e.g., family firms) can be lower as well. Based on the assumption that economic value to shareholders is created when firms invest in projects with returns above the associated cost of capital (Copeland, Koller, & Murrin, 2000), I argue that long-term-oriented firms can tackle unique investment projects represented by two generic investment strategies—the perseverance and the outpacing strategy. The first one, the perseverance strategy, represents investment strategies in which long-term-oriented firms invest in lower return but equal risk projects than their more short-term-oriented counterparts. The second one, the outpacing strategy, comprises investment projects with higher risk and equal return than the short-term competitors.

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