Forecasting Optimization Model of the U.S. Coal, Energy and Emission Markets

Jan-Hendrik Jagla () and Lutz Westermann ()
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Jan-Hendrik Jagla: Technische Universität Braunschweig
Lutz Westermann: Technische Universität Braunschweig

A chapter in Operations Research Proceedings 2007, 2008, pp 37-41 from Springer

Abstract: Abstract Generation of electricity is influenced by the complex interplay of economic and political forces, as well as environmental and technological constraints. Sustainable energy-political acting not only has to consider the pure satisfaction of demand and economic interests, but also to accept the challenge of minimizing the environmental impacts. In such a complex system, market participants need reliable knowledge and forecasts in order to act properly. These essential requirements can be obtained through an abstract model providing comprehensive results.

Keywords: General Algebraic Modeling System; Emission Market; Algebraic Modeling Language; Pure Satisfaction; Complex Triad (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:spr:oprchp:978-3-540-77903-2_6

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DOI: 10.1007/978-3-540-77903-2_6

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