An analysis on emissions trading with forward and spot markets under oligopolistic competition

寡头竞争下远期和现货市场排放权交易分析

• 批准号: 22530220
• 负责人: TANAKA Makoto
• 金额: $ 2.58万
• 依托单位: National Graduate Institute for Policy Studies
• 依托单位国家: 日本
• 项目类别: Grant-in-Aid for Scientific Research (C)
• 财政年份: 2010
• 资助国家: 日本
• 起止时间: 2010-04-01 至 2014-03-31
• 项目状态: 已结题
• 来源: https://kaken.nii.ac.jp/grant/KAKENHI-PROJECT-22530220/
• 关键词: 環境政策; 排出権取引; 寡占競争; 先渡し市場; スポット市場

Tradable allowances have received considerable attention in recent years. One emerging issue is their interaction with electricity markets. This paper extends the model of Allaz and Vila (1993) by incorporating emissions trading with forward and spot markets for electricity. We focus on the effects of strategic forward position and initial allowances allocation on the equilibrium outcomes. We find that firms with a dirty portfolio would have stronger incentives to take a long position in the forward market to raise the electricity price. Increasing the amount of allowances assigned to clean firms leads to a reduction in electricity and allowance prices.

近年来，可交易的津贴受到了相当大的关注。一个新出现的问题是它们与电力市场的互动。本文扩展了Allaz和Vila（1993）的模型，将排放交易与电力的远期和现货市场相结合。我们重点研究了战略前沿头寸和初始配额分配对均衡结果的影响。我们发现，拥有肮脏投资组合的公司将有更强的动力在远期市场上建立多头头寸以提高电价。增加分配给清洁企业的补贴数额导致电力和补贴价格的降低。

项目成果

The Effects of Uncertain Divestiture as Regulatory Threat

不确定性剥离作为监管威胁的影响

• DOI: 10.1007/s10842-010-0089-7
• 发表时间: 2011
• 期刊: Journal of Industry, Competition and Trade
• 作者: Tanaka;M.
• 通讯作者: M.

Save for the Future: Modeling Inter-temporal Permit Banking in Multi-sector Emission Trading Programs

为未来储蓄：多部门排放交易计划中的跨期许可证银行建模

• 发表时间: 2013
• 作者: Chen;Y.;and M. Tanaka
• 通讯作者: and M. Tanaka

Keys to Smart Home Diffusion : A Stated Preference Analysis of Smart Meters, Photovoltaic Generation, and Electric/Hybrid Vehicles

智能家居普及的关键：智能电表、光伏发电和电动/混合动力汽车的偏好分析

• 发表时间: 2012
• 作者: Ida;T.;K. Murakami;and M. Tanaka
• 通讯作者: and M. Tanaka

Emissions Trading in Forward and Spot Markets for Electricity

电力远期和现货市场的排放交易

• 发表时间: 2011
• 作者: Tanaka;M.;and Y. Chen
• 通讯作者: and Y. Chen

Market power in renewable portfolio standards

• DOI: 10.1016/j.eneco.2013.05.004
• 发表时间: 2013-09
• 期刊: Energy Economics
• 影响因子: 12.8
• 作者: Makoto Tanaka;Yihsu Chen