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Book Cover
E-book
Author Chen, Yihsu

Title Analysis of environmental policy in the power sector : equilibrium methods and bi-level modeling / Yihsu Chen, Afzal S. Siddiqui, Makoto Tanaka
Published Cham : Springer, 2020
©2020

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Description 1 online resource (xiv, 270 pages)
Series International Series in Operations Research and Management Science ; v. 292
International series in operations research & management science ; 292.
Contents Introduction -- Environmental Policies in the Power Sector -- Features of Power Sectors -- Analysis of Power System Operations with Non-Dominant Firms -- Analysis of Power System Operations with a Dominant Firm and an Oligopolistic Industry -- Investment in New Power Plants Under Environmental Policies -- Sustainable Transmission Investment -- First-Best Policy and Decentralized Mechanisms
Summary This book covers game-theoretic approaches to analyzing policies for environmental regulation in the power sector. The scope includes operational and investment decisions in imperfectly competitive electricity markets as well as transmission planning and policy design. Given this context, this book synthesizes equilibrium and bi-level modeling to address challenging research questions such as: " How are power-plant operations affected by carbon policy, such as cap-and-trade (C & T) systems? " How does market power in electricity generation affect market outcomes and CO2 emissions? " How does a strategic firm with first-mover advantage manipulate both electricity and C & T permit prices? " How does a strategic firm with first-mover advantage invest in new generation capacity under a C & T system? " How does sustainable transmission planning adapt to an imperfectly competitive power sector? " How should a renewable portfolio standard (RPS) target be revised in an imperfectly competitive power sector? This book includes plenty of illustrative examples to facilitate the concepts comprehension. It is intended to make equilibrium and bi-level models adapted for policy assessment accessible to graduate students, academic researchers, industry practitioners, and policy analysts
Bibliography Includes bibliographical references and index
Notes Print version record
Subject Environmental policy.
environmental policy.
Public administration.
Energy technology & engineering.
Operational research.
Political Science -- Public Policy -- General.
Business & Economics -- Industries -- Energy Industries.
Business & Economics -- Operations Research.
Environmental policy
Genre/Form Electronic books
Form Electronic book
Author Siddiqui, Afzal S.
Tanaka, Makoto
ISBN 9783030448660
3030448665