Abstract
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.
Original language | English |
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Title of host publication | 2009 IEEE Power and Energy Society General Meeting, PES '09 |
DOIs | |
Publication status | Published - 2009 |
Externally published | Yes |
Event | IEEE Power and Energy Society General Meeting 2009 - Calgary Telus Convention Centre, Calgary, Canada Duration: 26 Jul 2009 → 30 Jul 2009 https://ieeexplore.ieee.org/xpl/conhome/5230481/proceeding (Proceedings) |
Conference
Conference | IEEE Power and Energy Society General Meeting 2009 |
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Abbreviated title | PES-GM 2009 |
Country/Territory | Canada |
City | Calgary |
Period | 26/07/09 → 30/07/09 |
Internet address |
Keywords
- Emission trading
- Market power
- Sustainable development