In this paper, we analyze Nash equilibria between electricity producers selling their production on an electricity market and buying CO2 emission allowances on an auction carbon market. The producers’ strategies integrate the coupling of the two markets via the cost functions of the electricity production. We set out a clear Nash equilibrium on the power market that can be used to compute equil...

BACKGROUND Forests store large amounts of carbon in forest biomass, and this carbon can be released to the atmosphere following forest disturbance or management. In the western US, forest fuel reduction treatments designed to reduce the risk of high severity wildfire can change forest carbon balance by removing carbon in the form of biomass, and by altering future potential wildfire behavior in...

Electricity is cited as one of the biggest impediments to firm growth in developing countries. In the World Bank Enterprise Survey (2006), 35.2% of Indian firms list electricity as the single biggest obstacle to business and report that power outages result in losses equivalent to 6.6% of annual sales. However, some businesses can adjust their means of production to cope with electricity shorta...

Recent reforms in the Turkish electricity sector since 2001 aim to introduce a tariff system that reflects costs. This is expected to affect the production and consumer prices of electricity. The changes in electricity prices are then reflected in production costs in other segments of the economy. Subsequently, producer and consumer prices will be affected. The potential impact of the changes i...

The objective of the study is to analyse the conditions for connection of residential buildings in heat sparse areas to district heating systems in order to increase electricity production in municipal combined heat and power plants. The European electricity market has been assumed to be fully deregulated. The relation between connection of heat sparse areas, increased electricity and heat prod...

This paper presents an application of computer simulation as a policy analysis tool for the electric utility industry. In the last decade, the amount of electricity generation capacity has remained constant while demand for electricity has been increasing. This situation puts industrial electricity users, those who use large highly varying quantities of electricity in potentially risky producti...

When regulating GHG emissions at the country or product level, it is critical to determine the GHG emissions from electricity consumption. In this study, we calculated production-based and consumptionbased CO2 emission intensities of electricity for the OECD (the Organisation for Economic Co-operation and Development) countries during 1990e2008. We examined the impact of annual development, all...