Search Results for author: Lixin Tian

Found 2 papers, 0 papers with code

Option to survive or surrender: carbon asset management and optimization in thermal power enterprises from China

no code implementations10 Apr 2021 Yue Liu, Lixin Tian, Zhuyun Xie, Zaili Zhen, Huaping Sun

Considering the impact of price fluctuations of carbon emission right allowance, we investigate the operation of Chinese thermal power plant by modeling the decision-making with optimal stopping problem, which is established on the stochastic environment with carbon emission allowance price process simulated by geometric Brownian motion.

Asset Management Decision Making

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