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The goal of this case study is to determine the optimal timing for repowering (option to extend) existing wind power plants, based on project specifications, using real options analysis. The solution…

The goal of this case study is to determine the optimal timing for investing (option to invest) existing wind power plants, based on project specifications, using real options analysis. The solution m…

In this case study, we will explore the potential of bio-fuels as a renewable energy source under uncertain biomass supply and uncertain demand. We will take an existing model for the supply chain and…

Germany has stated to achieve climate neutrality by 2045. The electricity sector thereby places a major role. Renewable technologies like solar and wind power produce electricity at low costs, but onl…

In this case study, we explore the potential of bio-fuels as a renewable energy source and analyze the challenges and opportunities in designing a sustainable and economically viable bio-fuel supply c…

You will learn to set up a suitable MILP model for integrated location, capacity and technology planning for synthetic fuels under abstracting assumptions, to implement it in Python and to solve it us…