R E F E R E N C E S Abeygunawardana, A. (2008). Viability o f coal and oil-fired power plants in Sri Lanka. Economic Review, 34, pp. 10-12. Alexander, G., & Baptisa, A. (2002). Economic implications o f using a mean-VaR model for portfolio selection: a comparison with mean-variance analysis. Journal of Economic Dynamics & Control, Vol. 26, No. 7-8, 1159-1193. Awerbuch, S. (2004). building capacity for portfolio-based energy planning in developing countries. Paris: Renewable Energy & Energy Efficiency Partnership, United Nations Environment Programme. Awerbuch, S., & Berger, M. (2003). Applying portfolio theory to EU electricity planning and policy making, IEA/EET working paper EET/2003/03. Paris: International Energy Agency. Baron, P. (1977). On the utility theoretic foundations of mean-variance analysis. Journal of Finance, Vol. 32, No. 5, 1683-1697. Bates W. (2007) . A mean-variance portfolio optimization of Califonia's generation mix to 2020 - Draft consultant report. California: California Energy Commission. Bates, W. (2007). A mean-variance portfolio optimization of Califonia's generation mix to 2020; Draft consultation report. California energy commission. Beltran H. (2008). Modern portfolio theory applied to electricity generation planning. Urbana: university o f Illionois. Bhalla, V. (2004). Investment management - security analysis and portfolio management. N e w Delhi: S. Chand & Company Ltd. Bhattacharyya, C. (2009). Fossil-fuel dependence and vulnerability of electricity generation: Case of selected European countries. Energy Policy, Vol. 37, Issue 6, 2411-2420. Bodie, Z., Kane, A., & Marcus, A. J. (2005). Investments, sixth ed. N e w York: McGraw-Hills I r w i n . Brown, G. (1991). Propoerty investment and the capital markets. London: E & FN Spon. Campbell et al. (2001). Optimal portfolio selection in a Value-at-risk framework. Elsevier . Campbell, J., Lo, A., & Mackilay, A. (1997). The econometrics of financial markets. N e w Jerdey: Princeton University Press. Campbell, R., Huisman, R., & Koedijik, K. (2001). Optimal portfolio selection in a value-at- risk framework. Journal of Banking & Finance, Vol.25, 1789-1804. Ceylon Electricity Board. (2008). Lond term generation expansion plan. Ceylon Electricity Board. Cohen, M. H., & Natoi, V. D. (2003). Risk and utility in portfolio optimization. Elsevier . ECA, RMA and ERM . (2010). Environmental impacts on power sector - draft report. Eillis, E. (1996) . Portfolio analysis of Japans "best mix" electricity generation resource diversification policy. Massachussets Institute of Technology, Department of Mechanical Engineering. Massachussets Institute of Technology. Elton, E., & Gruber, M. (1997 ). Modern Portfolio theory & investment analysis, 3rd Edition. John wiley and sons. Elton, E., & Gruber, M. (1997). Modern portfolio theory and investment analysis, fifth ed. John wiley & sons. Engelbertus, O. (1988). Masterplans for the electricity supply - objectives and approach. The third regional GTZ symposium on long-term power system planning (pp. 2-3). Colombo: CEB, GTZ. Huanga, Y., & Wu, J. (2008). A portfolio risk analysis on electricity supply planning. Energy Policy 3 6 , 6 2 7 - 6 4 1 . Jansen, J., Beurskens, L., & Tilburg, X. v. (2006). Application of portfolio analysis to Dutch generating mix. Energy Research Centre of the Netherlands. Kienzle, F., Koeppel, G., Strieker, P., & Anderson, G. (2007). Efficient electricity production portfolios taking into account physical boundaries. 27th USAEE/IAEE Northe Americal Conference. Houston, TX. Liu, M., & Wu, F. (2007). Risk management in a competitive electricity market. Elsevier . MalhotraN. (2004). Marketing research. Pearson Education. Malhotra, N. (2004). Marketing research fourth ed. Pearson Education Inc. Markowitz, H. (1952). Portfolio selection. Journal of Finance (1). Metron, R. (1972) . An analytic derivation of the efficient portfolio frontier. The journal of finance and quantitative analysis, Vol. 7, No. 4, 1851 -1872. Ranganatham, M., & Madhumathi, R. (2006). Investment analysis and portfolio management. N e w Delhi: Dorling Kindersley (India). Sustainable Energy Authority . (2007). Energy balance. Sustainable Energy Authority . Wickramasinghe, H. (2008). Renewable energy development in Sri Lanka. Economic review, Vol. 34, pp. 16-19. Wijetunga, P. (2009, May 05). Significance of risk based electricity generating portfolio optimization. (M. I, Interviewer) World nuclear association. (2007) . Nuclear power in France. Zweifel, P., & Krey, B. (2005). Efficent electricity portfolios for Switzerland .