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

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Detail(s)

Original languageEnglish
Title of host publicationIEEM2010 - IEEE International Conference on Industrial Engineering and Engineering Management
Pages869-873
Publication statusPublished - 2010

Conference

TitleIEEE International Conference on Industrial Engineering and Engineering Management, IEEM2010
PlaceChina
CityMacao
Period7 - 10 December 2010

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