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Conference Paper: Long-Term Optimal Generation Expansion Planing considering CO2 Reduction Policies and Mechanisms
Title | Long-Term Optimal Generation Expansion Planing considering CO2 Reduction Policies and Mechanisms |
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Authors | |
Keywords | cap and trade mechanism carbon taxes carbon emission feed-in tariff generation expansion planning |
Issue Date | 2014 |
Publisher | European Association for the Development of Renewable Energies, Environment and Power Quality (EA4EPQ). The Journal's web site is located at http://www.icrepq.com/RE&PQJ-papers.html |
Citation | The International Conference on Renewable Energies and Power Quality (ICREPQ’14), Cordoba, Spain, 8-11 Apri 2014. In Renewable Energy and Power Quality Journal, 2014, v. 12, p. abstract no. 306 How to Cite? |
Abstract | In a deregulated power system, a well-designed market mechanism could promote the optimal distribution of resources within the system. As one of the major sources of CO2 emissions, power industry can be seriously impacted by carbon emission-related policies and regulations. This paper considers three widely promoted emission policies, using a long-term power system planning model to obtain the optimal generation expansion plan for twenty years. By analysing and comparing system investment schemes under different emission-related mechanisms, the processes of how these policies influence generation investment are revealed. The effectiveness of these policies is compared to determine the optimal carbon emission mechanism. |
Persistent Identifier | http://hdl.handle.net/10722/198608 |
ISSN | 2023 SCImago Journal Rankings: 0.152 |
DC Field | Value | Language |
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dc.contributor.author | Song, Y | en_US |
dc.contributor.author | Zhong, J | en_US |
dc.contributor.author | Bollen, MHJ | en_US |
dc.date.accessioned | 2014-07-07T08:12:31Z | - |
dc.date.available | 2014-07-07T08:12:31Z | - |
dc.date.issued | 2014 | en_US |
dc.identifier.citation | The International Conference on Renewable Energies and Power Quality (ICREPQ’14), Cordoba, Spain, 8-11 Apri 2014. In Renewable Energy and Power Quality Journal, 2014, v. 12, p. abstract no. 306 | en_US |
dc.identifier.issn | 2172-038X | - |
dc.identifier.uri | http://hdl.handle.net/10722/198608 | - |
dc.description.abstract | In a deregulated power system, a well-designed market mechanism could promote the optimal distribution of resources within the system. As one of the major sources of CO2 emissions, power industry can be seriously impacted by carbon emission-related policies and regulations. This paper considers three widely promoted emission policies, using a long-term power system planning model to obtain the optimal generation expansion plan for twenty years. By analysing and comparing system investment schemes under different emission-related mechanisms, the processes of how these policies influence generation investment are revealed. The effectiveness of these policies is compared to determine the optimal carbon emission mechanism. | - |
dc.language | eng | en_US |
dc.publisher | European Association for the Development of Renewable Energies, Environment and Power Quality (EA4EPQ). The Journal's web site is located at http://www.icrepq.com/RE&PQJ-papers.html | - |
dc.relation.ispartof | Renewable Energy and Power Quality Journal | en_US |
dc.subject | cap and trade mechanism | - |
dc.subject | carbon taxes | - |
dc.subject | carbon emission | - |
dc.subject | feed-in tariff | - |
dc.subject | generation expansion planning | - |
dc.title | Long-Term Optimal Generation Expansion Planing considering CO2 Reduction Policies and Mechanisms | en_US |
dc.type | Conference_Paper | en_US |
dc.identifier.email | Zhong, J: jinzhong@hkucc.hku.hk | en_US |
dc.identifier.authority | Zhong, J=rp00212 | en_US |
dc.description.nature | published_or_final_version | - |
dc.identifier.hkuros | 229938 | en_US |
dc.identifier.volume | 12 | - |
dc.publisher.place | Spain | - |
dc.identifier.issnl | 2172-038X | - |