• DocumentCode
    173471
  • Title

    Analysis of the South African generation fuel mix using portfolio theory

  • Author

    Bashe, Mantombi ; Shuma-Iwisi, Mercy ; van Wyk, Michael A.

  • Author_Institution
    Sch. of Electr. & Inf. Eng., Univ. of Witwatersrand, Johannesburg, South Africa
  • fYear
    2014
  • fDate
    13-16 May 2014
  • Firstpage
    503
  • Lastpage
    507
  • Abstract
    Markowitz´ portfolio theory is applied to South Africa´s electricity generation fuel mix problem. The results obtained suggest that SA´s generation fuel mix is inefficient with high cost and high risk. It is proven that the reduction in the cost and risk of the SA´s generation fuel mix is linked to the reduction of the use of OCGTs.
  • Keywords
    cost reduction; gas turbine power stations; investment; power generation economics; risk management; Markowitz portfolio theory; OCGT usage reduction; South Africa electricity generation fuel mix problem; South African generation fuel mix analysis; cost reduction; open cycle gas turbine; risk reduction; Coal; Correlation; Electricity; Portfolios; Security; Standards; Portfolio theory; efficient frontier; efficient portfolios;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Energy Conference (ENERGYCON), 2014 IEEE International
  • Conference_Location
    Cavtat
  • Type

    conf

  • DOI
    10.1109/ENERGYCON.2014.6850473
  • Filename
    6850473
    • Link To Document
    https://search.isc.ac/dl/search/defaultta.aspx?DTC=49&DC=173471