By Topic

Optimal Fuel, Power and Load-Based Emissions Trades for Electric Power Supply Chain Equilibrium

Sign In

Cookies must be enabled to login.After enabling cookies , please use refresh or reload or ctrl+f5 on the browser for the login options.

Formats Non-Member Member
$31 $13
Learn how you can qualify for the best price for this item!
Become an IEEE Member or Subscribe to
IEEE Xplore for exclusive pricing!
close button

puzzle piece

IEEE membership options for an individual and IEEE Xplore subscriptions for an organization offer the most affordable access to essential journal articles, conference papers, standards, eBooks, and eLearning courses.

Learn more about:

IEEE membership

IEEE Xplore subscriptions

3 Author(s)
Hongming Yang ; Sch. of Electr. & Inf. Eng., Changsha Univ. of Sci. & Technol., Changsha, China ; Chung, C.Y. ; Wong, K.P.

This paper proposes a model to determine equilibrium fuel, power, and emissions trades in an electric power supply chain (fuel/generation/transmission/distribution/consumption) framework with a load-based (LB) emissions trading program. The model represents the oligopolistic gaming behavior of generation companies (Gencos) and load serving entities (LSEs), and equilibrium conditions for fuel, power, and emissions allowance markets which are integrated through endogenous prices. The model is solved by using a practical heuristic method based on the Fisher-Burmeister nonlinear complementarity function (NCP) and smoothing technique. An application to a four-node system with three Gencos and LSEs is also presented to illustrate the effects of emission allowances trading, renewable energy generation and network congestion on equilibrium solutions.

Published in:

Power Systems, IEEE Transactions on  (Volume:27 ,  Issue: 3 )