generators’ risks Richard Green Institute for Energy Research and Policy University of Birmingham, Birmingham B15 2TT Tel: +44 121 415 8216 Email: [email protected] October 2007 Abstract Volatile fuel prices affect both the cost and price of electricity in a liberalized market. Generators with the price-setting technology will face less risk to their profit margins than those with costs that...

Despite widespread agreement that a carbon tax would be more efficient, many countries use fuel economy standards to reduce transportation-related carbon dioxide emissions. We pair a simple model of the automakers’ profit maximization problem with unusually-rich nationally representative data on vehicle registrations to estimate the distributional impact of U.S. fuel economy standards. The key ...

OBJECTIVES To model the impact on chronic disease of a tax on UK food and drink that internalises the wider costs to society of greenhouse gas (GHG) emissions and to estimate the potential revenue. DESIGN An econometric and comparative risk assessment modelling study. SETTING The UK. PARTICIPANTS The UK adult population. INTERVENTIONS Two tax scenarios are modelled: (A) a tax of £2.72/t...

This paper introduces the China Energy & Environmental Policy Analysis (CEEPA) system. The core of CEEPA is a recursive dynamic computable general equilibrium model, in which the interactions among different agents in the macroeconomic system of China are described. The specific characteristics of Chinese labor market and energy market are also taken into account. The corresponding software sys...

in this study a pseudo comprehensive carbon footprint model for fossil fuel power plants is presented. parameters which their effects are considered in this study include: plant type, fuel type, fuel transmission type, internal consumption of the plant, degradation, site ambient condition, transmission and distribution losses. investigating internal consumption, degradation and site ambient con...

Nations or regions with limited electrical grid and restricted financial resources are a suitable market for small medium power plants with a size of 300–400 MWe. The literature presents several comparisons about the economics of large power plants (of about 1000 MWe); however there are not probabilistic analysis regarding the economics of small medium power plants. This paper fills this gap co...

In this paper, a dynamic game model of duopoly firms between the traditional electric power enterprises and new energy enterprises was established for analyzing the behaviors of electric power enterprises under different government carbon taxes policies and the corresponding Nash equilibrium. This goal of the model was set to maximize the total social welfare while considering the economic, soc...

OBJECTIVE To estimate the potential health benefits and cost savings of an alcohol tax rate that applies equally to all alcoholic beverages based on their alcohol content (volumetric tax) and to compare the cost savings with the cost of implementation. DESIGN AND SETTING Mathematical modelling of three scenarios of volumetric alcohol taxation for the population of Australia: (i) no change in ...