实物期权方法在电力投资决策中的应用

Application of real option method in power investment decision

传统NPV投资决策法的不灵活性也越发的暴露出来，而实物期权的方法却能恰当的评估出不确定性的价值。对实物期权的概念作了介绍，并将其定价方法进行归纳，最后对发电投资决策研究的现状作了简要综述。

With the deep reform of electricity market, power investment decisions bring a lot of uncertain factors, the inflexibility of traditional NPV method has become increasingly exposed, and real options method actually can properly assess the value of uncertainty. In this paper, the concept of real options are introduced, and its pricing method for power generation, finally summarized the research situation of investment decision is summarized in this article.