Resource adequacy, capital adequacy and investment uncertainty in the Australian power market
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Ignoring the importance of capital markets risks overlooking one of the most fundamental drivers of investment and price in the utilities industry. While the worst effects of the financial crisis are beginning to subside, the residual fallout will be more than a passing fad for energy utilities.
The Electricity Journal
© 2010 Elsevier. This is the author-manuscript version of this paper. Reproduced in accordance with the copyright policy of the publisher. Please refer to the journal's website for access to the definitive, published version.
Environment and Resource Economics