A real options approach to investment timing decisions in utility-scale renewable energy in Ghana

Charles Gyamfi Ofori, Godfred Alufar Bokpin, Anthony Q.Q. Aboagye and Anthony Afful-Dadzie

Energy, 2021, vol. 235, issue C

Abstract: Private capital is required to urgently complement government's efforts to meet initial capital outlay in renewable energy investments. However, minimising the downside risks for a given return in such a venture presents valuation challenges, including the timing of such investments. Investment timing is therefore relevant to consider when making investments in utility-scale renewable energy technologies which require high initial capital.

Keywords: Renewable energy; Real options analysis; Investment timing (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:235:y:2021:i:c:s0360544221016145

DOI: 10.1016/j.energy.2021.121366

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