Summary:
This paper presents in a systematic way the basic ideas about cost recovery of marginalist
theory. Differences between short? and long?term costs are analysed and its consequences on
investment cost recovery on a basic annualized generation expansion capacity model. It is a first
step in order to extend these results to more complex models including several years.
Keywords: Generation Expansion Planning, Marginalist Theory, Cost Recovery
Registration date: 20/07/2020
IIT-20-080A
