Environmental Externalities

Makoto Tanaka, Antonio J. Conejo and Afzal S. Siddiqui
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Antonio J. Conejo: The Ohio State University
Afzal S. Siddiqui: Stockholm University

Chapter Chapter 6 in Economics of Power Systems, 2022, pp 197-254 from Springer

Abstract: Abstract This chapter discusses negative externalities observed in electric power markets. It examines the effects of market-based mechanisms, such as environmental taxation, emission-permit schemes, and renewable portfolio standards. It also presents detailed network-constrained operational models with externalities to accommodate realistic spatial, technological, temporal factors, and market power of producers in power systems.

Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:isochp:978-3-030-92871-1_6

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DOI: 10.1007/978-3-030-92871-1_6

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