This paper investigates three models to implement Tradable Green Certificates (TGC) system with aid of game theory approach. In particular, the competition between thermal and renewable power plants is formulated in three models: namely cooperative, Nash and Stackelberg game models. The price of TGC is assumed to be determined by the legislative body (government) which is fixed. Numerical examp...

This research consists of the mathematical development a three-dimensional (3D) analytical-numerical module that can be installed on vertically-averaged (2DH) numerical models. Designed to combine advantages both 3D and 2DH hydrodynamic models, it simulates wide range coastal natural water bodies free surfaces irregular geometries. Examples include estuaries, rivers, bays, lakes, lagoons. Assum...