Sustainable Transmission Planning in Imperfectly Competitive Electricity Industries: Balancing Economic Efficiency and Environmental Outcomes
Sustainable Transmission Planning in Imperfectly Competitive Electricity Industries: Balancing Economic Efficiency and Environmental Outcomes
复制标题
不完全竞争电力行业的可持续输电规划:平衡经济效率和环境成果
DOI:
10.1016/j.ejor.2018.11.032
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发表时间:
2019
影响因子:
6.4
通讯作者:
Yihsu Chen
中科院分区:
文献类型:
--
作者:
Afzal S. Siddiqui;Makoto Tanaka;Yihsu Chen
We explore the role of a transmission system operator (TSO) that builds a transmission line to accommodate renewable energy in order to lower emissions as required by government policy. In contrast to central planning, a TSO in a deregulated electricity industry can only indirectly influence outcomes through its choice of the transmission line capacity. Via a bi-level model, we show that this results in less transmission capacity and with limited emissions control in a perfectly competitive industryvis-à-visa benchmark centrally planned system. A carbon charge on industry that fully accounts for the cost of pollution damage leads to a perfect alignment of incentives and maximised social welfare only under perfect competition. By contrast, a carbon charge may actually lower social welfare under a Cournot oligopoly as the resulting reduction in consumption facilitates the further exercise of market power.