From: A real options approach to renewable electricity generation in the Philippines
Net present value of renewable energy | US$104.97 million |
Trigger price of diesel | US$168 million/barrel |
Option value at initial period (at current diesel price) | US$141.38 million |
Option value at terminal period (at current diesel price) | US$104.97 million |
Value of waiting (at current diesel price) | − US$36.41 million |