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| Content Provider | IEEE Xplore Digital Library |
|---|---|
| Author | Shaoyuan Lai Hongming Yang Yu Dai Lei Han |
| Copyright Year | 2009 |
| Description | Author affiliation: Changsha University of Science and Technology. Her research activities include power system analysis and power market (Hongming Yang) || Changsha University of Science and Technology, Changsha, Hunan, 410076, China (Shaoyuan Lai; Yu Dai; Lei Han) |
| Abstract | In this paper, the electric power supply chain has multiple players, such as fuel suppliers, power generators and customers, each maximizing their individual profit. Coupling the optimal decision-making of chain members, a model of government control with CO2 emission tax in electric power supply chain is built on the basis of the Cournot game. This model shows the government's participation in and out of the game. The model is a multi-layer optimization model, whose KKT system is a mixed nonlinear complementarity problem. By using the nonlinear complementarity function to reformulate the KKT system into a set of algebraic equations, this model can be solved simply and fast. Finally, corresponding to the different operational conditions of power network, the Nash equilibrium and numerical results of this model is analyzed, and the optimal CO2 emission tax is obtained to achieve the maximization social benefits. Case studies show the successful application of the proposed model. |
| Starting Page | 1 |
| Ending Page | 4 |
| File Size | 168667 |
| Page Count | 4 |
| File Format | |
| ISBN | 9781424452309 |
| DOI | 10.1109/TD-ASIA.2009.5356867 |
| Language | English |
| Publisher | Institute of Electrical and Electronics Engineers, Inc. (IEEE) |
| Publisher Date | 2009-10-26 |
| Publisher Place | South Korea |
| Access Restriction | Subscribed |
| Rights Holder | Institute of Electrical and Electronics Engineers, Inc. (IEEE) |
| Subject Keyword | fuel supply Nonlinear equations nonlinear complementarity method Power supplies supply chains Cournot model Government Supply chains Decision making environment pollution Nash equilibrium CO2 emission tax Fuels Power system modeling Game theory electric power government control model decision-making Optimal control Power generation social benefits |
| Content Type | Text |
| Resource Type | Article |
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