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An Optimal Long-Term Generation Expansion Plan considering CO2 Reduction Policies and Mechanisms
Department of Electrical and Electronic Engineering, University of Hong Kong.
Department of Electrical and Electronic Engineering, University of Hong Kong.
Luleå University of Technology, Department of Engineering Sciences and Mathematics, Energy Science.
2014 (English)Conference paper, Meeting abstract (Refereed)
Abstract [en]

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.

Place, publisher, year, edition, pages
2014. 306
Research subject
Electric Power Engineering
URN: urn:nbn:se:ltu:diva-37153Local ID: b142b1c2-05f8-45d7-8fc3-709b979e0f26OAI: diva2:1010651
International Conference on Renewable Energies and Power Quality : 07/04/2014 - 10/04/2014
Godkänd; 2014; 20140422 (matbol)Available from: 2016-10-03 Created: 2016-10-03Bibliographically approved

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