Utilize este identificador para referenciar este registo:
https://hdl.handle.net/1822/26111
Título: | A modified-MVA approach for sustainable electricity planning : the case of Portugal |
Autor(es): | Cunha, Jorge Ferreira, Paula Varandas |
Palavras-chave: | Renewable energy sources Electricity generation Portfolio selection Mean-variance approach Investment risk |
Data: | Set-2013 |
Resumo(s): | The use of the mean-variance approach (MVA) is well demonstrated in the financial literature for the optimal design of financial assets portfolios. The electricity sector portfolios are also guided by similar objectives, namely maximizing return and minimizing risk. Based on this assumption, this paper proposes a possible MVA for the definition of optimal electricity portfolios relying on renewable energy sources (RES). The model was applied for the Portuguese case and the results demonstrated that the less risky solutions are characterised by a mix of RES technologies. Though recognising the usefulness of the proposed MVA, this case also evidence the need to further proceed with a modified approach recognizing the technical constraints and specificities of the electricity sector. |
Tipo: | Artigo em ata de conferência |
URI: | https://hdl.handle.net/1822/26111 |
Arbitragem científica: | yes |
Acesso: | Acesso aberto |
Aparece nas coleções: |
Ficheiros deste registo:
Ficheiro | Descrição | Tamanho | Formato | |
---|---|---|---|---|
MVA_Risk_Cunha_Ferreira_full_paper.pdf | 392,51 kB | Adobe PDF | Ver/Abrir |