Table 4 Qingdao Port hydrogen-powered yard cranes phased construction investment decision option.

From: Transitioning towards hydrogen powered seaport yard cranes for low carbon transformation based on a multiple factor real option model

Option

Timing and scale of investment decisions (unit)

Investment scale

Final scale

2021–2025

2026–2030

2031–2035

Option 1

0

0

0

0

6

Option 2

0

0

12

12

18

Option 3

0

12

0

12

18

Option 4

12

0

0

12

18

Option 5

0

12

14

26

32

Option 6

12

0

14

26

32

Option 7

12

14

0

26

32

Option 8

12

14

8

34

40