Shale gas investment decision-making: Green and efficient development under market, technology and environment uncertainties

The investment in shale gas green and efficient development in China faces many uncertain factors that affect the investment decision-making of enterprises, which contributes to China's low-carbon energy transformation and national energy security. Based on the characteristics of China's shale gas resource development and considering the uncertainties in the aspects of market, technology and environment, this paper proposes a real option model...