Emission-Concerned Economic Dispatch: Possible Formulations and Implementations Conference Paper

abstract

• This paper presents mathematical formulations of economic dispatch problems in electricity markets under three emission-concerned policy alternatives: carbon dioxide tax, carbon dioxide quota, and carbon dioxide cap-and-trade. The three formulations are shown to be temporally decomposable using Lagrangian relaxation methods. Computationally efficient algorithms are proposed for implementing the emission-concerned economic dispatch. Numerical examples are illustrated on an IEEE 14-bus system. The proposed formulations and algorithms can serve as a framework for systematic engineering, economic, and policy solutions towards a low-carbon electricity sector. 2010 IEEE.

name of conference

• IEEE PES T&D 2010

authors

• Xie, Le

published proceedings

• 2010 IEEE PES TRANSMISSION AND DISTRIBUTION CONFERENCE AND EXPOSITION: SMART SOLUTIONS FOR A CHANGING WORLD

author list (cited authors)

• Xie, L. e., & Ilic, M. D.

citation count

• 13

complete list of authors

• Xie, Le||Ilic, Marija D

publication date

• April 2010

publisher

• Institute of Electrical and Electronics Engineers (IEEE)  Publisher

keywords

• Carbon Dioxide Cap-and-trade
• Carbon Dioxide Quota
• Carbon Dioxide Tax
• Economic Dispatch
• Greenhouse Gas (ghg) Emission Reduction
• Lagrangian Relaxation
• Low-carbon Economy
• Wind Power Integration

Digital Object Identifier (DOI)

• 10.1109/tdc.2010.5484297

International Standard Book Number (ISBN) 13

• 9781424465477

start page

• 1

end page

• 6