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Analysis of Environmental Policy in the Power Sector - Equilibrium Methods and Bi-Level Modeling (Hardcover, 1st ed. 2020)
Loot Price: R4,260
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Analysis of Environmental Policy in the Power Sector - Equilibrium Methods and Bi-Level Modeling (Hardcover, 1st ed. 2020)
Series: International Series in Operations Research & Management Science, 292
Expected to ship within 10 - 15 working days
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This book covers game-theoretic approaches to analyzing policies
for environmental regulation in the power sector. The scope
includes operational and investment decisions in imperfectly
competitive electricity markets as well as transmission planning
and policy design. Given this context, this book synthesizes
equilibrium and bi-level modeling to address challenging research
questions such as: * How are power-plant operations affected by
carbon policy, such as cap-and-trade (C&T) systems? * How does
market power in electricity generation affect market outcomes and
CO2 emissions? * How does a strategic firm with first-mover
advantage manipulate both electricity and C&T permit prices? *
How does a strategic firm with first-mover advantage invest in new
generation capacity under a C&T system? * How does sustainable
transmission planning adapt to an imperfectly competitive power
sector? * How should a renewable portfolio standard (RPS) target be
revised in an imperfectly competitive power sector? This book
includes plenty of illustrative examples to facilitate the
concepts' comprehension. It is intended to make equilibrium and
bi-level models adapted for policy assessment accessible to
graduate students, academic researchers, industry practitioners,
and policy analysts.
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