NEGOTIATING THE SELLING PRICE OF HYDROPOWER ENERGY USING MULTI-AGENT SYSTEMS IN BOT

During the feasibility study of BOT (Build-Operate-Transfer) hydropower investments, the selling price of energy is the most critical parameter that impacts the net present value (NPV) estimated by the investors. Investors usually consider the price of energy guaranteed by the government during their feasibility studies which is the worst case scenario. However, it is apparent that negotiations that take place between investor and broker...