Australian electricity market power analysis under potential emission trading scheme

Zhou, Xun, Dong, Z. Y., Liebman, Ariel and James, Geoff (2009). Australian electricity market power analysis under potential emission trading scheme. In: PES '09: 2009 IEEE Power & Energy Society General Meeting (PESGM 2009). Proceedings. PESGM09: IEEE PES General Meeting 2009, Calgary, AB, Canada, (3193-3199). 26-30 July, 2009. doi:10.1109/PES.2009.5276012


Author Zhou, Xun
Dong, Z. Y.
Liebman, Ariel
James, Geoff
Title of paper Australian electricity market power analysis under potential emission trading scheme
Conference name PESGM09: IEEE PES General Meeting 2009
Conference location Calgary, AB, Canada
Conference dates 26-30 July, 2009
Proceedings title PES '09: 2009 IEEE Power & Energy Society General Meeting (PESGM 2009). Proceedings
Place of Publication Piscataway, NJ, USA
Publisher Institute of Electrical and Electronics Engineers (IEEE)
Publication Year 2009
Sub-type Fully published paper
DOI 10.1109/PES.2009.5276012
ISBN 9781424442409
9781424442416
Start page 3193
End page 3199
Total pages 7
Language eng
Formatted Abstract/Summary
Existence of market power in electricity markets has been revealed by extensive studies, however, the understanding of how environmental policies, e.g. emission trading scheme, impacts on the change of market power of generation companies (GENCOs) is at the inchoate stage. This paper, targeted at the study of Australia National Electricity Market, presents the Cournot market equilibrium model incorporating an emission trading model to study the potential changes of market power due to the introduction of the proposed Australian National Emission Trading Scheme (NETS) and further analyse the sensitivity of market power with increasing carbon price.
Subjects 2102 Curatorial and Related Studies
2208 Electrical and Electronic Engineering
Keyword Emission trading
Market power
Sustainable development
Q-Index Code E1
Q-Index Status Provisional Code
Institutional Status UQ

 
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