Simulating the Interaction of a Renewable Portfolio Standard with Electricity and Carbon Markets
نویسندگان
چکیده
The authors ran a game-based simulation of an electric market with both an RPS and a cap-and-trade market greenhouse gas emissions allowances. High renewable energy shares reduced and shifted the output of therm units and pushed down both electricity and carbon pric The markets for renewable energy, carbon allowances, a spot and forward electricity interacted in complex wa that are relevant to the behavior of actual markets.
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