• DocumentCode
    190710
  • Title

    Study of emission reduction effects in an electricity market considering carbon emission policies

  • Author

    Song, Yuqian ; Zhong, Jin

  • Author_Institution
    Department of Electrical and Electronic Engineering, The University of Hong Kong, Hong Kong SAR
  • fYear
    2014
  • fDate
    14-17 April 2014
  • Firstpage
    1
  • Lastpage
    5
  • Abstract
    The paper presents two models based on uniform market pricing to analyze the impact of CO2 emission policies on electricity market and market prices. Results of the model reveals the interaction between total CO2 emission and different CO2 emission prices, as well as the electricity prices in response to these CO2 emission prices. By comparing the effectiveness of two market offering mechanisms in emission reduction, an advanced mechanism is discovered as well as the long term influences it will bring to the power system.
  • Keywords
    CO2 emission; electricity market; emission reduction;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    T&D Conference and Exposition, 2014 IEEE PES
  • Conference_Location
    Chicago, IL, USA
  • Type

    conf

  • DOI
    10.1109/TDC.2014.6863445
  • Filename
    6863445