To meet its Kyoto requirements, the EU established an internal market for carbon dioxide allowances from 2005, the EU Emissions Trading Scheme (EU ETS). National governments are to allocate most of these allowances for free. The operation of electricity generation companies are remarkably affected by the presence of such a mechanism. In this work, an optimization procedure is carried out in order to analyse the mid-term behaviour of electricity generation companies when an ETS is implemented, by means of an allocation plan. The proposed model is applied to the Italian electrical system.
Including the emission trading scheme in the analysis of GenCos' mid-term behaviour / Caputi, S; Dicorato, Maria; Forte, G; Trovato, M; De Tuglie, Enrico Elio. - (2007), pp. 451-457. (Intervento presentato al convegno CEE'07 - 2nd International Conference on Electrical Engineering tenutosi a Coimbra, Portugal nel 26-28 November 2007).
Including the emission trading scheme in the analysis of GenCos' mid-term behaviour
DICORATO Maria;Forte G;Trovato M;DE TUGLIE Enrico Elio
2007-01-01
Abstract
To meet its Kyoto requirements, the EU established an internal market for carbon dioxide allowances from 2005, the EU Emissions Trading Scheme (EU ETS). National governments are to allocate most of these allowances for free. The operation of electricity generation companies are remarkably affected by the presence of such a mechanism. In this work, an optimization procedure is carried out in order to analyse the mid-term behaviour of electricity generation companies when an ETS is implemented, by means of an allocation plan. The proposed model is applied to the Italian electrical system.I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
