Concurrent users
Unlimited
Authorized users
Authorized users
Document Delivery Supplied
Can lend chapters, not whole ebooks
Title
Energy investments : an adaptive approach to profiting from uncertainties / Ricardo G. Barcelona.
ISBN
9781137591388 (electronic book)
1137591382 (electronic book)
9781137591395
1137591390
Published
London, England : Palgrave Macmillan, 2017.
Language
English
Description
1 online resource. (xxix, 496 pages) : illustrations
Other Standard Identifiers
10.1057/978-1-137-59139-5 doi
Call Number
HB615 .B37 2017
Dewey Decimal Classification
338
Summary
'Ricardo Barcelona addresses the thornier issues of energy strategy. In this book he moves from the certainties assured by financial modelling to explore the tough questions that astute practitioners ask themselves - why do things never turn out as they were projected? Is energy strategy always going to be a tale of unfulfilled promises? His research findings and his insights make a must read for anyone in this field.' --Patrick H. "Paddy" Miller, Author, Innovation as Usual, Hong Kong The book offers rigour, depth, and relevance in tackling approaches that prove sustainable and transformational for business and society.' --Juan Miranda, Managing General Director, Asian Development Bank 'The book is timely in that it provides good insights on how to address the uncertainty and volatility facing today's energy markets. A good read for anyone involved in the energy sector.' --Stephen A. Paradies, Board Director, Union Bank, and former Chief Financial Officer, Aboitiz Equity Ventures, Philippines 'Containing original insights into the financing and economics of the energy industry, this book should be read by those working in and studying the future of the energy sector.' --David Parker, Emeritus Professor of Economics, Cranfield University School of Management, and former member, Competition Commission, United Kingdom This book examines what lies behind the uncertainties surrounding the fuel and power markets. Exploring the role of renewables and how they potentially disrupt or create opportunities, it challenges widely accepted wisdoms in investment. The author asks questions such as: Are "business as usual" strategies that favour fossil fuels the best route to future prosperity? What prospects do firms face when their competitors diversify into renewables? Why do generous subsidies to renewables often fail to achieve wide-scale deployment? Illustrating how real options and option games reasoning yield vastly different insights from those gained from NPVs, Energy Investments offers case studies and simulations to demonstrate how firms can benefit from the methods it showcases.
Access Note
Access limited to authorized users.
Available in Other Form
Print version: 9781137591388
Part I. Decision Context
1. Decision Framing
2. Energy Transitions
3. Getting the Sums Wrong
4. Strategic Myopia and Certainty
Part II. Managerial Flexibility and Competition
5. Why Flexibility
6. Valuing Managerial Flexibility
7. Option Games Rivals Play
8. Dynamic Competition
Part III. Energy Markets and Regulatory Actions
9. Markets are not created Equal
10. Subsidies
Part IV. Financing and Portfolio Management
11. Accessing Funding
12. Climate Financing
13. Acquire or Build
Part V. Analytical Foundation and Methodologies
14. Costing Energy
15. Appropriating Payoffs
16. Doing the Managerial Flexibility Maths
Part VI. Reflections and What Next
17. "So What" and "What Next"?
