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Conference Paper: Long-Term Optimal Generation Expansion Planing considering CO2 Reduction Policies and Mechanisms

TitleLong-Term Optimal Generation Expansion Planing considering CO2 Reduction Policies and Mechanisms
Authors
Keywordscap and trade mechanism
carbon taxes
carbon emission
feed-in tariff
generation expansion planning
Issue Date2014
PublisherEuropean 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?
AbstractIn 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 Identifierhttp://hdl.handle.net/10722/198608
ISSN

 

DC FieldValueLanguage
dc.contributor.authorSong, Yen_US
dc.contributor.authorZhong, Jen_US
dc.contributor.authorBollen, MHJen_US
dc.date.accessioned2014-07-07T08:12:31Z-
dc.date.available2014-07-07T08:12:31Z-
dc.date.issued2014en_US
dc.identifier.citationThe 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. 306en_US
dc.identifier.issn2172-038X-
dc.identifier.urihttp://hdl.handle.net/10722/198608-
dc.description.abstractIn 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.languageengen_US
dc.publisherEuropean 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.ispartofRenewable Energy and Power Quality Journalen_US
dc.rightsCreative Commons: Attribution 3.0 Hong Kong License-
dc.subjectcap and trade mechanism-
dc.subjectcarbon taxes-
dc.subjectcarbon emission-
dc.subjectfeed-in tariff-
dc.subjectgeneration expansion planning-
dc.titleLong-Term Optimal Generation Expansion Planing considering CO2 Reduction Policies and Mechanismsen_US
dc.typeConference_Paperen_US
dc.identifier.emailZhong, J: jinzhong@hkucc.hku.hken_US
dc.identifier.authorityZhong, J=rp00212en_US
dc.description.naturepublished_or_final_version-
dc.identifier.hkuros229938en_US
dc.identifier.volume12-
dc.publisher.placeSpain-

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