Vol. 6 No. 11 (2010)

Artículos

Financial valuation of nuclear energy projects in Argentina using real options

Published 2010-07-05

  • Francisco Álvarez Echeverría
    • ,
  • Francisco Venegas-Martínez
    • ,
  • Pablo López Sarabia

Francisco Álvarez Echeverría
UNAM. Estudios de Posgrados de la Facultad de Ingeniería

Francisco Venegas-Martínez
IPN, ESE

Pablo López Sarabia
Instituto Tecnológico y de Estudios Superiores de Monterrey, Profesor-Investigador

Abstract

Climate change and depletion of fossil fuels have led to energy policy to the priorities of the global strategic scenery. The discussion focuses on the supply of fuel for economies, both developed and developing, considering that renewable technologies are expensive compared to using fossil fuels. However, the use of nuclear energy is financially viable in relation to other renewable energy technologies. This research uses real options to value investment projects in nuclear energy in the Argentinean case, who is leading the operation of nuclear plants in Latin America.

Keywords

Nuclear energy, real options, fossil fuels and valuation of projects

PDF (Spanish)

References

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