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http://dx.doi.org/10.5370/KIEE.2012.61.7.957

A Study on the Power Expansion Planning Model Considering the Emission Trading  

Ahn, Jung-Hwan (홍익대 전기정보제어공학과)
Kim, Bal-Ho H. (홍익대 전기정보제어공학과)
Publication Information
The Transactions of The Korean Institute of Electrical Engineers / v.61, no.7, 2012 , pp. 957-965 More about this Journal
Abstract
Korean government has been preparing the introduction of Emission Trading as part of the framework convention on Climate Change as a relief of negative downstream effect over electricity industry. This paper develops a mathematical model amenable to analyzing the economic impact of introduced emission trading system on the national generation expansion planning. The developed model was also employed with a case study to verify its applicability.
Keywords
Generation expansion planning; Emission trading; WASP; Probabilistic simulation; Linear programming; Dynamic programming; GATE-PRO;
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