Title :
An Agent Based Model of the System of Electricity Production Systems: Exploring the Impact of CO2 Emission-Trading
Author :
Chappin, Emile J L ; Dijkema, Gerard P J
Author_Institution :
Delft Univ. of Technol., Delft
Abstract :
To elucidate the impact of CO2 Emission-Trading on the European electricity production system-of-systems an Agent Based Model has been developed. The model emulates the long-term evolution of the European electricity production system-of-systems as a series of investment decisions by independent agents. Simulation results are reported that underpin recommendations for European CO2-policy. A live model will be presented.
Keywords :
air pollution; multi-agent systems; power generation economics; power grids; power markets; power system simulation; CO2; European electricity production system-of-systems; agent based simulation model; carbondioxide emission-trading; investment decision; Carbon dioxide; Costs; Energy consumption; Fossil fuels; Investments; Power generation; Power system modeling; Production systems; Spine; Technology management; Agent Based Model; Emission-Trading; Power Production;
Conference_Titel :
System of Systems Engineering, 2007. SoSE '07. IEEE International Conference on
Conference_Location :
San Antonio, TX
Print_ISBN :
1-4244-1159-9
Electronic_ISBN :
1-4244-1160-2
DOI :
10.1109/SYSOSE.2007.4304239
