Nowadays IPP's power plant construction is encouraged by the current deregulatory climate. The financing technique employed to implement these projects is often the project financing formula. Under such condition an ...Nowadays IPP's power plant construction is encouraged by the current deregulatory climate. The financing technique employed to implement these projects is often the project financing formula. Under such condition an investor consortium, usually foreigner plan, build, operate the power plant and sell the generated electricity to the host utility. The sale price is determined from the expected IPP's production cost, enhanced from the expected welfare obtainable by selling electricity. This paper proposes a methodology for linking the uncertainty of the future production cost with the price of the electricity generated by an IPP. This is a stochastic approach to the sale price definition problem, while usually conducted through a deterministic procedure.展开更多
Electricity generation generally is made in thermal, hydro, geothermal power plants and windfarms/windparks. Because of some advantages such as renewability, low-cost, clean, safe and naturality geothermal and wind en...Electricity generation generally is made in thermal, hydro, geothermal power plants and windfarms/windparks. Because of some advantages such as renewability, low-cost, clean, safe and naturality geothermal and wind energy will have been electricity generation source in the near future. Turkey has hot water springs suitable for electricity generation between 130-242 ~C with natural vapor and hydrothermal alterations in connection with grabens limited to active faults and diffuse young volcanism in Western Anatolia Region. Other renewable energy and electricity generation resource is wind energy. In Turkey electricity generation is made by windfarms/windparks. These parks/farms are generated 1,414.55 MW electricity. The year 2010 electricity general total installed capacity in Turkey is about 49,524.1 MW. According to the total installed capacity, thermal power plants have 65.18%, hydro power plants have 31.97%, geothermal power plants and wind farms have 2.85%. Electricity generation generally was obtained from 15 thermal power plants. In this study high temperature geothermal fields and windparks/windfarms in Turkey which are suitable for electricity generation potential were investigated.展开更多
文摘Nowadays IPP's power plant construction is encouraged by the current deregulatory climate. The financing technique employed to implement these projects is often the project financing formula. Under such condition an investor consortium, usually foreigner plan, build, operate the power plant and sell the generated electricity to the host utility. The sale price is determined from the expected IPP's production cost, enhanced from the expected welfare obtainable by selling electricity. This paper proposes a methodology for linking the uncertainty of the future production cost with the price of the electricity generated by an IPP. This is a stochastic approach to the sale price definition problem, while usually conducted through a deterministic procedure.
文摘Electricity generation generally is made in thermal, hydro, geothermal power plants and windfarms/windparks. Because of some advantages such as renewability, low-cost, clean, safe and naturality geothermal and wind energy will have been electricity generation source in the near future. Turkey has hot water springs suitable for electricity generation between 130-242 ~C with natural vapor and hydrothermal alterations in connection with grabens limited to active faults and diffuse young volcanism in Western Anatolia Region. Other renewable energy and electricity generation resource is wind energy. In Turkey electricity generation is made by windfarms/windparks. These parks/farms are generated 1,414.55 MW electricity. The year 2010 electricity general total installed capacity in Turkey is about 49,524.1 MW. According to the total installed capacity, thermal power plants have 65.18%, hydro power plants have 31.97%, geothermal power plants and wind farms have 2.85%. Electricity generation generally was obtained from 15 thermal power plants. In this study high temperature geothermal fields and windparks/windfarms in Turkey which are suitable for electricity generation potential were investigated.