Analysis on competitive electricity market with emissions trading market

被引:0
|
作者
Lee K.-H. [1 ]
机构
[1] Dept. of Electrical and Electronic Engineering, Dankook University
关键词
Electricity Market; Emission Allowance; Emission Trading; Load Pattern; Marginal Price; Nash Equilibrium;
D O I
10.5370/KIEE.2020.69.4.542
中图分类号
学科分类号
摘要
This study is about power generation operation of fossil fuel generators considering the greenhouse gas emissions trading market. The determination of generating power is related to fuel costs as well as consumption of the emission allowance. Therefore, the optimal generation considers both electricity market and emissions trading market at the same time. Consumption in excess of the allocated emission allowance increases sales in the electricity market, but the cost of purchasing the allowance increases. The opposite occurs when the allowance remains. The relationship between these two markets is modeled in the form of oligopolistic competition to find Nash Equilibrium(NE). The effect of marginal cost and load demand on NE is studied by analyzing the fair price for the emissions trading. Copyright © The Korean Institute of Electrical Engineers
引用
下载
收藏
页码:542 / 548
页数:6
相关论文
共 50 条
  • [21] A new double-market parallel trading mechanism for competitive electricity markets
    Shang, Jingyi
    Jiang, Xin
    Gao, Jinfeng
    Fu, Keyuan
    Wen, Fushuan
    IET RENEWABLE POWER GENERATION, 2022, 16 (04) : 740 - 750
  • [22] Autonomous Electricity Trading Using Time-of-Use Tariffs in a Competitive Market
    Urieli, Daniel
    Stone, Peter
    THIRTIETH AAAI CONFERENCE ON ARTIFICIAL INTELLIGENCE, 2016, : 345 - 351
  • [23] Analysis of market signals in a competitive electricity market using components of network rental
    Amarasinghe, L. Y. C.
    Annakkage, U. D.
    ELECTRIC POWER SYSTEMS RESEARCH, 2009, 79 (04) : 635 - 644
  • [24] The Effects of Exercise of Market Power on a Competitive Electricity Market
    Careri, F.
    Genesi, C.
    Marannino, P.
    Montagna, M.
    Rossi, S.
    Siviero, I.
    IEEE POWER AND ENERGY SOCIETY GENERAL MEETING 2010, 2010,
  • [25] Impacts of congestion and market power on market outcomes in competitive electricity market
    Electrical Department, Shanghai Jiaotong University, Shanghai 200030, China
    Zhongguo Dianji Gongcheng Xuebao, 2007, 28 (66-73):
  • [26] Market structure, market rules and market behavior in a competitive electricity industry
    Oren, SS
    2001 IEEE POWER ENGINEERING SOCIETY WINTER MEETING, CONFERENCE PROCEEDINGS, VOLS 1-3, 2001, : 45 - 49
  • [27] China's Carbon Emissions Trading Market Analysis
    Wu Mingming
    ENVIRONMENT MATERIALS AND ENVIRONMENT MANAGEMENT PTS 1-3, 2010, 113-116 : 484 - 487
  • [28] Simulation of trading strategies in the electricity market
    Charkiewicz, Kamil
    Nowak, Robert
    PHOTONICS APPLICATIONS IN ASTRONOMY, COMMUNICATIONS, INDUSTRY, AND HIGH-ENERGY PHYSICS EXPERIMENTS 2011, 2011, 8008
  • [29] Financial trading in the Scandinavian electricity market - Relevance for the Californian market?
    Bjorndalen, J
    Otterstad, B
    Ottosen, R
    INTERNATIONAL ENERGY MARKETS, COMPETITION AND POLICY, CONFERENCE PROCEEDINGS, 1997, : 40 - 47
  • [30] Trading Wind Power in a Competitive Electricity Market Using Stochastic Programing and Game Theory
    Dai, Ting
    Qiao, Wei
    IEEE TRANSACTIONS ON SUSTAINABLE ENERGY, 2013, 4 (03) : 805 - 815