The impact of carbon cap and trade regulation on congested electricity market equilibrium
The impact of carbon cap and trade regulation on congested electricity market equilibrium
复制标题
碳限额和贸易监管对拥挤的电力市场平衡的影响
DOI：
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发表时间：
2011
期刊：
影响因子：
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通讯作者：
S. Oren
中科院分区：
文献类型：
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作者：
Tanachai Limpaitoon;Yihsu Chen;S. Oren
旨在限制电力行业碳排放的温室气体法规将影响系统运行和市场结果。监管政策的影响和效果取决于需求弹性、输电网络、市场结构和发电商战略行为的相互作用。本文建立了一个寡头垄断电力市场的均衡模型，并结合限额与交易政策来研究这种相互作用。我们研究了它们对市场和环境结果的潜在影响，这些影响通过一个小型网络测试案例和一个带有加州市场详细表示的减少的WECC 225总线模型来证明。研究结果表明，市场结构和拥堵对规制的市场绩效和环境结果有显著影响，而两者的相互作用会导致意想不到的后果。
Greenhouse gas regulation aimed at limiting the carbon emissions from the electric power industry will affect system operations and market outcomes. The impact and the efficacy of the regulatory policy depend on interactions of demand elasticity, transmission network, market structure, and strategic behavior of generators. This paper develops an equilibrium model of an oligopoly electricity market in conjunction with a cap-and-trade policy to study such interactions. We study their potential impacts on market and environmental outcomes which are demonstrated through a small network test case and a reduced WECC 225-bus model with a detailed representation of the California market. The results show that market structure and congestion can have a significant impact on the market performance and the environmental outcomes of the regulation while the interactions of such factors can lead to unintended consequences.