If you are interested in further information on the topic economics of power plants, the following publication provide more insights:
- Zweifel P., Praktiknjo A., Erdmann G. (2017). Energy Economics – Theory and Applications, Springer, ISBN: 9783662530221
If you are interested in further literature on the topic portfolio theory, the following publications provide more insights:
- Elton E.J., Gruber M.J., Brown S.J., Goetzmann W.N. (2007). Modern Portfolio Theory and Investment Analysis, John Wiley and Sons, Inc. ISBN-13: 978-0470050828
- Brigham E., Ehrhardt M. (2016). Financial Management: Theory and Practice, South-Western CENGAGE Learning, Mason, USA, ISBN-13: 978-1305632295
If you are interested in further literature on the topic portfolio optimization of power generation assets, the following publication provide more insights:
- Bazilian M., Roques F. (2008). Analytical Methods for Energy Diversity & Security: A tribute to Shimon Awerbuch. Elsevier Science, ISBN: 9780080568874
In the list, you will find selected scientific papers on the topic portfolio optimization of power generation assets:
- Awerbuch S., Berger, M. (2003). Applying Portfolio Theory to EU Electricity Planning and Policy-Making, IEA/EET Working Paper No.EET/2003/03, IEA/OECD, Paris, TRN: SE0307242
- Bar-Lev D., Katz S. (1976). Portfolio Approach to Fossil Fuel Procurement in the Electric Utility Industry. The Journal of Finance, XXXI, No. 3: 933-947, https://doi.org/10.1111/j.1540-6261.1976.tb01935.x
- Krey B. (2008). Five Essays in Energy Economics: Efficient and Secure Power for the United States and Switzerland, PhD Dissertation, University of Zurich, Switzerland, https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://www.zora.uzh.ch/id/eprint/13299/1/BBK_doctoral_thesis_print_version.pdf&ved=2ahUKEwjS7YXStLaJAxVQgf0HHS8XKgoQFnoECBQQAQ&usg=AOvVaw3W3OCjJg59_Ks91cKl3QR0
- Madlener R., Glensk B., Westner G. (2010). Optimization of E.ONs Power Generation with a Special Focus on Renewables, E.ON Energy Research Center Series, Vol. 2, Issue 2, December, https://publications.rwth-aachen.de/record/48117/files/EON_Volume2_Issue2-pdf.pdf
- Madlener R., Wenk C. (2008). Efficient Investment Portfolios for the Swiss Electricity Supply Sector. FCN Working Paper No.2/2008, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, August, https://www.fcn.eonerc.rwth-aachen.de/cms/e-on-erc-fcn/forschung/~emvl/arbeitspapiere/?lidx=14
- Markowitz H. (1952). Portfolio selection. The Journal of Finance, VII (1): 77–91, https://doi.org/10.1111/j.1540-6261.1952.tb01525.x
- Roques F., Newbery D., Nuttall W. (2008). Fuel mix diversification in liberalized electricity markets: A mean-variance portfolio theory approach. Energy Economics, 30(4): 1831–1849, https://doi.org/10.1016/j.eneco.2007.11.008
- Westner G., Madlener R. (2010). The benefit of regional diversification of cogeneration investments in Europe: A mean-variance portfolio analysis. Energy Policy, 38(12): 7911–7920, https://doi.org/10.1016/j.enpol.2010.09.011
- Westner G., Madlener R. (2011). Development of cogeneration in Germany: A mean-variance portfolio analysis of individual technology’s prospects in view of the new regulatory framework. Energy, 36: 5301–5313, https://doi.org/10.1016/j.energy.2011.06.038
