PORTFOLIO SELECTION UNDER UNCERTAINTY OF POWER GENERATION, SELECCION BAJO INCERTIDUMBRE DE PORTAFOLIOS DE GENERACION ELECTRICA

Roberto Jose Taboada Gonzalez, Gerardo Gabriel Alfaro Calderon and Federico Gonzalez Santoyo

Revista Internacional Administracion & Finanzas, 2015, vol. 8, issue 1, 69-78

Abstract: This paper analyzes the Mexican power plant generation portfolio using the Markowitz portfolio model, to help the planning of electric power generation in the country. It presents the fundamental concepts of Modern Portfolio Theory and the analysis of a case study that uses seven technologies of power generation, with variations in the constraints. The portfolio that results from application of the method proposed in this paper, offers at the same time a reduction in the risk and increase in returns. The goal of this paper is not to substitute any current planning method but to give an additional tool to help in decision making.

Keywords: Portfolio; Risk; Uncertainty; Investment; Planning (search for similar items in EconPapers)
JEL-codes: C6 G H8 (search for similar items in EconPapers)
Date: 2015
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.theibfr2.com/RePEc/ibf/riafin/riaf-v8n1-2015/RIAF-V8N1-2015-5.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ibf:riafin:v:8:y:2015:i:1:p:69-78

Access Statistics for this article

Revista Internacional Administracion & Finanzas is currently edited by Terrance Jalbert

More articles in Revista Internacional Administracion & Finanzas from The Institute for Business and Finance Research
Bibliographic data for series maintained by Mercedes Jalbert ( this e-mail address is bad, please contact ).