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Variational Inequality Formulations for Oligopolistic Electricity Models with Marketable CO2 Emission Permits Read chapter Read first chapter

2012 | OriginalPaper | Chapter

A Survey of Carbon Market Mechanisms and Models

Authors : Vishnuteja Nanduri, Narges Kazemzadeh

Published in: Handbook of CO₂ in Power Systems

Publisher: Springer Berlin Heidelberg

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Abstract

Climate change is one of the most important challenges of this century. Human activity, particularly that of the electric power sector, has played a dramatic role in exacerbating this scenario. This paper presents a brief survey of some of the policies that are being adopted around the world to tackle the challenge of emissions reductions, with specific focus on the power sector. We discuss some widely used policies such as renewable portfolio standards, feed-in tariffs, carbon taxes, and cap-and-trade, with more emphasis on the latter. We conclude the chapter with a detailed discussion of some of the simulation and mathematical programming models that have been developed to examine economic and environmental impacts of emissions control policies on electricity markets.

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previous chapter Cap and Trade Modeling in Electricity Markets Using an Agent-Based Approach
next chapter Carbon Offset Markets: A Viable Instrument?
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Metadata
Title
A Survey of Carbon Market Mechanisms and Models
Authors
Vishnuteja Nanduri
Narges Kazemzadeh
Copyright Year
2012
Publisher
Springer Berlin Heidelberg
Book
Handbook of CO₂ in Power Systems

Print ISBN: 978-3-642-27430-5

Electronic ISBN: 978-3-642-27431-2

Copyright Year: 2012

DOI
https://doi.org/10.1007/978-3-642-27431-2_6

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