Title |
A Study on the Power Expansion Planning Model Considering the Emission Trading |
Authors |
안중환(Ahn, Jung-Hwan) ; 김발호(Kim, Bal-Ho H.) |
DOI |
https://doi.org/10.5370/KIEE.2012.61.7.957 |
Keywords |
Generation expansion planning ; Emission trading ; WASP ; Probabilistic simulation ; Linear programming ; Dynamic programming ; GATE-PRO |
Abstract |
Korean government has been preparing the introduction of Emission Trading as part of the framework convention on Climate Change as a relief of negative downstream effect over electricity industry. This paper develops a mathematical model amenable to analyzing the economic impact of introduced emission trading system on the national generation expansion planning. The developed model was also employed with a case study to verify its applicability. |