Extracting the Contingency Curve of Fuel Cost Pollution the Issue of Environmental Economic Burden Distribution

Mh Koshteh ()
Additional contact information
Mh Koshteh: College of Economics Kharazmi University Tehran Iran, Postal: IR

Journal of Advanced Research in Law and Economics, 2017, vol. 8, issue 8, 2454-2463

Abstract: In recent decades SO2 CO2 and NOx emissions from fossil fuels have caused significant social costs Considering the cost of environmental pollution combined with the cost of exploitation in the distribution of loads in many studies shows the important role of social spending in economic estimates Minimizing the cost of exploitation along with the cost of emissions in order to meet the demand under the applicable constraints of the power systems known as the modeling of the problem of economic environmental distribution is load EED Environmental Economic Dispatch In this research the EED problem modeling is optimized by Lagrange s analytical method based on weight coefficients for the six generation system The relationship between EER Emission Reduction Rate emission reduction index and fuel cost reduction coefficient is determined and finally the extraction of the fuel pollutant cost indifference curve is described Sensitivity analysis has been carried out to achieve the final point of operation of the system the fuel cost reduction coefficient and the cost dependency curve of fuel polluting units The results are based on these principles The higher the weight loss factor is the greater the cost of fuel The cost of operating the system is lower and the cost of emissions is higher In this case the problem of the economic distribution of burden or ED Economic Dispatch and the minimization of the cost of fuel is the object of the problem The lower the weight loss factor for fuel costs The cost of operating the system is higher and the cost of pollution is reduced In this case minimizing the cost of emissions is the goal of the problem The combination of modeling results with indifference curves makes the final point of the system operator clear as the optimal answer to the problem Utilizing the point of the final operation of the system as the answer to the problem considering the importance of each goal and how cost and pollution changes are compared to each other

Date: 2017
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:srs:jarle0:v:8:y:2017:i:8:p:2454-2463

Access Statistics for this article

Journal of Advanced Research in Law and Economics is currently edited by Madalina Constantinescu

More articles in Journal of Advanced Research in Law and Economics from ASERS Publishing
Bibliographic data for series maintained by Claudiu Popirlan ( this e-mail address is bad, please contact ).