Analysis of Environmental Policy in the Power Sector - Equilibrium Methods and Bi-Level Modeling (Paperback, 1st ed. 2020)

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.

General

Imprint:	Springer Nature Switzerland AG
Country of origin:	Switzerland
Series:	International Series in Operations Research & Management Science, 292
Release date:	April 2021
First published:	2020
Authors:	Yihsu Chen • Afzal S. Siddiqui • Makoto Tanaka
Dimensions:	235 x 155mm (L x W)
Format:	Paperback
Pages:	270
Edition:	1st ed. 2020
ISBN-13:	978-3-03-044868-4
Categories:	Books > Social sciences > Politics & government > Public administration Books > Business & Economics > Industry & industrial studies > Energy industries & utilities > General Books > Earth & environment > The environment > Applied ecology > General
LSN:	3-03-044868-1
Barcode:	9783030448684

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