Model for valuating decentralized energy production

buir.advisorYiğit, Taner
dc.contributor.authorCider, Muammer
dc.date.accessioned2016-01-08T18:17:59Z
dc.date.available2016-01-08T18:17:59Z
dc.date.issued2008
dc.descriptionAnkara : The Department of Economics, Bilkent University, 2008.en_US
dc.descriptionThesis (Master's) -- Bilkent University, 2008.en_US
dc.descriptionIncludes bibliographical references leaves 78-79.en_US
dc.description.abstractThe purpose of this thesis is to assess decentralized production technologies in an economical framework. Throughout the thesis, technological aspects such as smart metering or connectivity issues are ignored. All assumptions are based on specification sheets by the producers of the technologies to provide an impartial assessment. Pricing schemes for buying from the grid and selling to the grid are based on dynamic markets, like Amsterdam Power Exchange and Title Transfer Facility. Although these markets are for large scale trading, they provide a good basis for constructing future scenarios where electricity and gas are bought on variable prices rather than fixed prices. Model constructed to evaluate different technologies finds the optimal production given the technologies and prices for the period. Optimal production clearly defines an upper bound on the value of the technology as any other production increases the cost of heat and electricity of the household. In retrospect, model establishes a best case scenario for the value of such systems from an economical perspective. Technological, regulatory, and marketing aspects are not explored in this study. Only economical viability of the technologies is explored. In summary, it is common for individuals to make misinformed or wrong decisions. Effects of marketing etc. can be studied, but my belief based on this study is that these devices are not economically viable and their environmental benefits are questionable.en_US
dc.description.provenanceMade available in DSpace on 2016-01-08T18:17:59Z (GMT). No. of bitstreams: 1 0006140.pdf: 940097 bytes, checksum: f6b4b79e32c115d2cba046e393615aaf (MD5)en
dc.description.statementofresponsibilityCider, Muammeren_US
dc.format.extentxiii, 86 leaves, illustrationsen_US
dc.identifier.urihttp://hdl.handle.net/11693/15398
dc.language.isoEnglishen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectEnergyen_US
dc.subjectValuationen_US
dc.subjectDecentralizeden_US
dc.subjectOptimizationen_US
dc.subjectCombined Heat and Poweren_US
dc.subjectRenewable energy generationen_US
dc.subjectSustainable Developmenten_US
dc.subject.lccHD9502.A2 C53 2008en_US
dc.subject.lcshPower resources.en_US
dc.subject.lcshEnergy industries--Economic aspects.en_US
dc.subject.lcshEnergy policy--Economic aspects.en_US
dc.subject.lcshRenewable energy sources--Economic aspects.en_US
dc.subject.lcshSustainable development.en_US
dc.titleModel for valuating decentralized energy productionen_US
dc.typeThesisen_US
thesis.degree.disciplineEconomics
thesis.degree.grantorBilkent University
thesis.degree.levelMaster's
thesis.degree.nameMA (Master of Arts)

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