Analysis of the Effect of the Initial Emission Permits Allocation on Market Power

被引：0
|
作者：
Zhao Wen-hui [1 ]
Gao Yan [2 ]
Dai Tian-Sheng [2 ]
机构：
[1] Shanghai Univ Elect Power, Sch Management & Humanity, Shanghai, Peoples R China
[2] Univ Shanghai Sci & Technol, Sch Management, Shanghai, Peoples R China
来源：
2007 INTERNATIONAL CONFERENCE ON WIRELESS COMMUNICATIONS, NETWORKING AND MOBILE COMPUTING, VOLS 1-15 | 2007年
基金：
美国国家科学基金会;
关键词：
effect; initial distribution; market power; tradable emission permits; threshold;
D O I：
暂无
中图分类号：
TP39 [计算机的应用];
学科分类号：
081203 ; 0835 ;
摘要：
This paper offers an analytical model of emission permit markets in which a large number of regulated emitter participate, and derives formulae that shows the entire dependence of the emergence of market power on the permit initial distribution as well as the existence of a threshold for effective market power. Furthermore, the model we derived yields formulae that estimate how much permit prices in such distorted markets depart from competitive levels. These findings not only show the significance of initial emission permits but also are available for emission trading.
引用
收藏
页码：5033 / +
页数：2
相关论文
共 50 条
  • [21] Valuation of the Economic Impact of the Initial Allocation of Tradable Emission Permits in Air Pollution Control
    Sauma, Enzo E.
    JOURNAL OF ENERGY ENGINEERING-ASCE, 2011, 137 (01): : 11 - 20
  • [22] Study on the initial allocation of carbon emission permits in the provinces of China based on Shapley method
    Mu Hailin
    Huang Yuxuan
    Li Nan
    Xue Zhaoquan
    Li Longxi
    PROCEEDINGS OF THE 2015 INTERNATIONAL CONFERENCE ON MECHANICAL SCIENCE AND ENGINEERING, 2016, 66
  • [23] Partial Carbon Permits Allocation of Potential Emission Trading Scheme in Australian Electricity Market
    Zhou, Xun
    James, Geoff
    Liebman, Ariel
    Dong, Zhao Yang
    Ziser, Carla
    IEEE TRANSACTIONS ON POWER SYSTEMS, 2010, 25 (01) : 543 - 553
  • [24] Allocation of emission permits for China's power plants: A systemic Pareto optimal method
    Ji, Xiang
    Li, Guo
    Wang, Zhaohua
    APPLIED ENERGY, 2017, 204 : 607 - 619
  • [25] The Impact of Initial Allocation of Carbon Emission Rights on Power Generation Replacement Analysis Model
    Tan, Zhongfu
    Lei, Tao
    Li, Huanhuan
    Ju, Liwei
    Chen, Zhihong
    FRONTIERS OF MANUFACTURING AND DESIGN SCIENCE IV, PTS 1-5, 2014, 496-500 : 2760 - 2763
  • [26] Assessment of initial emission allowance allocation methods in the Korean electricity market
    Ahn, Jaekyun
    ENERGY ECONOMICS, 2014, 43 : 244 - 255
  • [27] A minimax model and arithmetic for initial emission permits
    Zhao W.-H.
    Gao Y.
    J. Appl. Math. Comp., 2006, 3 (241-253): : 241 - 253
  • [28] An Optimization Distribution Model of Initial Emission Permits
    Zhu, Yong
    Zhang, Yanhua
    Li, Zheng
    ADVANCES IN ENVIRONMENTAL SCIENCE AND ENGINEERING, PTS 1-6, 2012, 518-523 : 1848 - 1852
  • [29] Marketable permits, market power, and cheating
    vanEgteren, H
    Weber, M
    JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT, 1996, 30 (02) : 161 - 173
  • [30] Bilevel model of emission permits market trading
    Lü, Y.-B., 1600, Systems Engineering Society of China (34):
12345