Incorporating oligopoly, CO2 emissions trading and green certificates into a power generation expansion model

被引:86
作者
Linares, Pedro [1 ,2 ]
Javier Santos, Francisco [1 ]
Ventosa, Mariano [1 ]
Lapiedra, Luis [1 ,3 ]
机构
[1] Univ Pontificia Comillas, Inst Invest Tecnol, Madrid 28015, Spain
[2] Harvard Univ, John F Kennedy Sch Govt, Cambridge, MA 02138 USA
[3] Univ Pontificia Comillas, ICAI, Madrid 28015, Spain
关键词
generation-expansion modeling; carbon emissions trading; green certificates; oligopoly;
D O I
10.1016/j.automatica.2008.03.006
中图分类号
TP [自动化技术、计算机技术];
学科分类号
0812 [计算机科学与技术];
摘要
This paper presents a generation expansion model for the power sector which incorporates several features that make it very interesting for application to current electricity markets: it considers the possible oligopolistic behavior of firms, and incorporates relevant policy instruments, carbon emissions trading and tradable green certificates. It combines powerful traditional tools related to the detailed system operation with techniques for modeling the economic market equilibrium and a formulation for the resolution of the emissions permit and tradable green certificates market equilibrium. The model is formulated as a Linear Complementarity Problem (LCP) which allows the optimization problem for each firm considering the power, carbon and green certificate markets to be solved simultaneously. The model has been implemented in GAMS. An application to the Spanish power system is also presented. (c) 2008 Elsevier Ltd. All rights reserved.
引用
收藏
页码:1608 / 1620
页数:13
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