An oligopolistic electricity model with marketable CO2 emission permits
Research output: Chapters, Conference Papers, Creative and Literary Works (RGC: 12, 32, 41, 45) › 32_Refereed conference paper (with ISBN/ISSN) › peer-review
Author(s)
Related Research Unit(s)
Detail(s)
Original language | English |
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Title of host publication | IEEM2010 - IEEE International Conference on Industrial Engineering and Engineering Management |
Pages | 869-873 |
Publication status | Published - 2010 |
Conference
Title | IEEE International Conference on Industrial Engineering and Engineering Management, IEEM2010 |
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Place | China |
City | Macao |
Period | 7 - 10 December 2010 |
Link(s)
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.
Research Area(s)
- CO2 emissions permits, Electricity market
Citation Format(s)
An oligopolistic electricity model with marketable CO2 emission permits. / Chung, William.
IEEM2010 - IEEE International Conference on Industrial Engineering and Engineering Management. 2010. p. 869-873 5674201.Research output: Chapters, Conference Papers, Creative and Literary Works (RGC: 12, 32, 41, 45) › 32_Refereed conference paper (with ISBN/ISSN) › peer-review