Electricity and Environmental Markets
Steven A. Gabriel,
Antonio J. Conejo,
J. David Fuller,
Benjamin F. Hobbs and
Carlos Ruiz
Additional contact information
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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