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Modeling impacts of the European Emission Trade System on the future energy sector

  • Carola Hammer
Conference paper
Part of the Operations Research Proceedings book series (ORP)

Abstract

This study focuses on regulatory instruments and especially on the European Emission Trade System (ETS). It is in our interest to forecast the effects of the ETS on different economic indicators and its costs. Therefore we use an optimization model, in which we consider the regulation framework, the market parameters and technical constraints for the German energy market as well as an endogenous price for emission allowances, running times of plants and capacity enlargements.

Keywords

Capacity Enlargement Emission Allowance Emission Trade System Supply Security Power Price 
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References

  1. 1.
    Fichtner,W.: Emissionsrechte, Energie und Produktion Verknappung der Umweltnutzung und produktionswirtschaftliche Planung. Berlin (2005).Google Scholar
  2. 2.
    Geiger, B., Hardi, M., Br¨uckl, O., Roth, H., Tzscheutschler, P.: CO2-Vermeidungskosten im Kraftwerksbereich, bei den erneuerbaren Energien sowie bei nachfrageseitigen Energieeffizienzmanahmen. IfE Schriftenreihe Heft 47, M¨unchen (2004).Google Scholar
  3. 3.
    Roth, H.:Modellentwicklung zur Kraftwerksparkoptimierung mit Hilfe von Evolutionsstrategien. M¨unchen (2008).Google Scholar

Copyright information

© Springer-Verlag Berlin Heidelberg 2012

Authors and Affiliations

  1. 1.Technical University MunichMunichGermany

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