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Electricity and Environmental Markets

Steven A. Gabriel, Antonio J. Conejo, J. David Fuller, Benjamin F. Hobbs and Carlos Ruiz
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Steven A. Gabriel: University of Maryland
Antonio J. Conejo: University of Castilla – La Mancha
J. David Fuller: University of Waterloo
Benjamin F. Hobbs: The Johns Hopkins University
Carlos Ruiz: European Foundation for New Energy – EDF École Centrale Paris and Supélec

Chapter Chapter 11 in Complementarity Modeling in Energy Markets, 2013, pp 477-513 from Springer

Abstract: Abstract The purpose of this chapter is to provide a more in-depth exploration of applications of complementarity models to electricity markets. In doing so, we introduce two crucial features of energy markets. The first is transportation networks with capacity limits on links between different markets. The second is environmental restrictions, such as emissions markets. We address these in turn by building, analyzing, and solving models for electric power markets that incorporate these features.

Keywords: Marginal Cost; Equilibrium Problem; Electricity Market; Environmental Market; Transmission System Operator (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:spr:isochp:978-1-4419-6123-5_11

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DOI: 10.1007/978-1-4419-6123-5_11

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