An oligopolistic electricity model with marketable CO2 emission permits

William Chung

doi:10.1109/IEEM.2010.5674201

An oligopolistic electricity model with marketable CO2 emission permits

William Chung

Research output: Chapters, Conference Papers, Creative and Literary Works › RGC 32 - Refereed conference paper (with host publication) › peer-review

Abstract

In this paper, we derive an equilibrium model of the CO2 emission permits market. We consider a variational inequality (VI) approach to model an oligopolistic competition in the market of CO2 emission permits and electric power. A Cournot model of electricity market is described and variational inequality formulations are derived for oligopolistic electricity models with marketable CO2 permits. Solution method and a simple example is presented and implemented in a PC and solved by a built-in solver powered by GAMS. ©2010 IEEE.

Original language	English
Title of host publication	IEEM2010 - IEEE International Conference on Industrial Engineering and Engineering Management
Pages	869-873
DOIs	https://doi.org/10.1109/IEEM.2010.5674201
Publication status	Published - 2010
Event	2010 IEEE International Conference on Industrial Engineering and Engineering Management (IEEM2010) - Venetian Macao Resort Hotel, Macao, China Duration: 7 Dec 2010 → 10 Dec 2010

Conference

Conference	2010 IEEE International Conference on Industrial Engineering and Engineering Management (IEEM2010)
Place	China
City	Macao
Period	7/12/10 → 10/12/10

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 13 Climate Action

Research Keywords

CO2 emissions permits
Electricity market

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10.1109/IEEM.2010.5674201

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title = "An oligopolistic electricity model with marketable CO2 emission permits",

abstract = "In this paper, we derive an equilibrium model of the CO2 emission permits market. We consider a variational inequality (VI) approach to model an oligopolistic competition in the market of CO2 emission permits and electric power. A Cournot model of electricity market is described and variational inequality formulations are derived for oligopolistic electricity models with marketable CO2 permits. Solution method and a simple example is presented and implemented in a PC and solved by a built-in solver powered by GAMS. {\textcopyright}2010 IEEE.",

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year = "2010",

doi = "10.1109/IEEM.2010.5674201",

language = "English",

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note = "2010 IEEE International Conference on Industrial Engineering and Engineering Management (IEEM2010) ; Conference date: 07-12-2010 Through 10-12-2010",

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Chung, W 2010, An oligopolistic electricity model with marketable CO2 emission permits. in IEEM2010 - IEEE International Conference on Industrial Engineering and Engineering Management., 5674201, pp. 869-873, 2010 IEEE International Conference on Industrial Engineering and Engineering Management (IEEM2010), Macao, China, 7/12/10. https://doi.org/10.1109/IEEM.2010.5674201

TY - GEN

T1 - An oligopolistic electricity model with marketable CO2 emission permits

AU - Chung, William

PY - 2010

Y1 - 2010

N2 - In this paper, we derive an equilibrium model of the CO2 emission permits market. We consider a variational inequality (VI) approach to model an oligopolistic competition in the market of CO2 emission permits and electric power. A Cournot model of electricity market is described and variational inequality formulations are derived for oligopolistic electricity models with marketable CO2 permits. Solution method and a simple example is presented and implemented in a PC and solved by a built-in solver powered by GAMS. ©2010 IEEE.

AB - In this paper, we derive an equilibrium model of the CO2 emission permits market. We consider a variational inequality (VI) approach to model an oligopolistic competition in the market of CO2 emission permits and electric power. A Cournot model of electricity market is described and variational inequality formulations are derived for oligopolistic electricity models with marketable CO2 permits. Solution method and a simple example is presented and implemented in a PC and solved by a built-in solver powered by GAMS. ©2010 IEEE.

KW - CO2 emissions permits

KW - Electricity market

UR - https://www.scopus.com/pages/publications/78751679917

UR - https://www.scopus.com/record/pubmetrics.uri?eid=2-s2.0-78751679917&origin=recordpage

U2 - 10.1109/IEEM.2010.5674201

DO - 10.1109/IEEM.2010.5674201

M3 - RGC 32 - Refereed conference paper (with host publication)

SN - 9781424485031

SP - 869

EP - 873

BT - IEEM2010 - IEEE International Conference on Industrial Engineering and Engineering Management

T2 - 2010 IEEE International Conference on Industrial Engineering and Engineering Management (IEEM2010)

Y2 - 7 December 2010 through 10 December 2010

ER -

An oligopolistic electricity model with marketable CO2 emission permits

Abstract

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Research Keywords

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