NDLI: Impacts of tradable emission permits on oligopoly electricity market production under complete and incomplete information

Content Provider	IEEE Xplore Digital Library
Author	Hui Gao Fushuan Wen MacGill, I.
Copyright Year	2009
Description	Author affiliation: Dept. of Electrical Engineering South China University of Technology Guangzhou, 510640, China (Hui Gao) \|\| Centre for Energy and Environmental Markets (CEEM) and School of Electrical Engineering & Telecommunications, University of New South Wales, Sydney 2052, Australia (Fushuan Wen; MacGill, I.)
Abstract	A method is developed to explore the potential links between an oligopolistic electricity market and a competitive emission permit market in which permits allocated to those highly efficient generation companies (units) with lower emissions could be traded to other companies with higher emissions. The well-developed Cournot non-cooperative game model is employed to describe the behavior of power producers, and to determine the market equilibriums of generation outputs under complete and incomplete information. A numerical example with six power producers is employed to demonstrate the features of the developed model as well as to analyze the impacts of emission permit trading on the oligopoly electric market equilibriums.
Starting Page	3365
Ending Page	3370
File Size	142328
Page Count	6
File Format	PDF
ISBN	9781424427932
ISSN	1062922X
DOI	10.1109/ICSMC.2009.5346193
Language	English
Publisher	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Publisher Date	2009-10-11
Publisher Place	USA
Access Restriction	Subscribed
Rights Holder	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Subject Keyword	Oligopoly Electricity supply industry Production Environmental economics Game theory Electronic mail Power generation Information analysis Cybernetics USA Councils non-cooperative games Electricity market emissions trading Cournot game theory oligopoly
Content Type	Text
Resource Type	Article

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