Abstract
Should a lower discount rate be used for evaluating a tolling agreement than used for a renewable energy contract? The California Energy Commission seems to think so. An analysis suggests that a risk-adjusted discount rate is inappropriate. A correct approach should quantify the effect of risk on a contract's financial performance, thereby providing useful information for decision-making.
| Original language | English |
|---|---|
| Pages (from-to) | 35-40 |
| Number of pages | 6 |
| Journal | Electricity Journal |
| Volume | 21 |
| Issue number | 9 |
| DOIs | |
| Publication status | Published - Nov 2008 |
Scopus Subject Areas
- Business and International Management
- Energy (miscellaneous)
- Management of Technology and Innovation
- Law
