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ANALYSIS OF ENVIRONMENTAL POLICY IN THE POWER SECTOR IBD

SPRINGER
04 / 2021
9783030448684
Inglés

Sinopsis

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:áâÇó How are power-plant operations affected by carbon policy, such as cap-and-trade (C&T) systems?áâÇó How does market power in electricity generation affect market outcomes and CO2 emissions?áâÇó How does a strategic firm with first-mover advantage manipulate both electricity and C&T permit prices?áâÇó How does a strategic firm with first-mover advantage invest in new generation capacity under a C&T system?áâÇó How does sustainable transmission planning adapt to an imperfectly competitive power sector?áâÇó How should a renewable portfolio standard (RPS) target be revised in an imperfectly competitive power sector?áThis book includes plenty of illustrative examples to facilitate the conceptsâÇÖ 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.

PVP
197,72