Research Seminar by Dr. Yerkin Kitapbayev on Renewable Energy Investment under Interest Rate Uncertainty

Date: 2024-04-22, Monday, 11:40-13:00  

Location: Corvinus University of Budapest, Institute of Finance Room E.279.1. (Corvinus Main Building E, second floor) / Offline event with real-time Microsoft Teams streaming 

 
The abstract of Dr. Kitapbayev’s research is the following: 

The interest rate is a critical factor for the viability of power projects in the Green energy sector. It affects discount factors, hence the present value of eventual profits generated by future investments. Fluctuations in the interest rate risk, i.e., interest rate uncertainty (IRU), are further known to have adverse effects on macro aggregates, including aggregate investment. This paper examines the relevance of interest rate characteristics, such as IRU, for power generation projects relying on Green energy sources. It seeks to understand the extent of the impact and the role of various parameters such as IRU for optimal power investments in the sector. 
 
This joint research with Jerome Detemple and A. Max Reppen will be presented by Dr. Kitapbayev at Corvinus University. Click here for more information on Dr. Yerkin Kitapbayev’s researches. 

Join the online real-time streaming on Microsoft Teams here.