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1.
The inception of the emission trading scheme in Europe has contributed to power price increases. Energy intensive industries have reacted by arguing that this may affect their competitiveness and will induce them to leave Europe. Taking up a proposal of these industrial sectors, we explore the possible application of special contracts, where electricity is sold at average generation cost to mitigate the impact of CO2 cost on power prices. The model supposes fixed generation capacities. We first consider a reference model representing a perfectly competitive market where all consumers (industries and the rest of the market) are price-takers and buy electricity at short-run marginal cost. We then change the market design by assuming that energy intensive industries pay power either at a regional or at a zonal average cost price. The analysis is conducted with simulation models applied to the Central Western European power market. The models are implemented in GAMS/PATH. This work has been financially supported by the Chair Lhoist Berghmans in Environmental Economics and Management and by the Italian project PRIN 2006, Generalized monotonicity: models and applications, whose national responsible is Prof. Elisabetta Allevi.  相似文献   

2.
The EU emissions trading scheme (ETS) taking effect in 2005 covers CO2 emissions from specific large-scale industrial activities and combustion installations. A large number of existing and potential future combined heat and power (CHP) installations are subject to ETS and targeted for emissions reduction. CHP production is an important technology for efficient and clean provision of energy because of its superior carbon efficiency. The proper planning of emissions trading can help its potential into full play, making it become a true “winning technology” under ETS. Fuel mix or fuel switch will be the reasonable choices for fossil fuel based CHP producers to achieve their emissions targets at the lowest possible cost. In this paper we formulate CO2 emissions trading planning of a CHP producer as a multi-period stochastic optimization problem and propose a stochastic simulation and coordination approach for considering the risk attitude of the producer, penalty for excessive emissions, and the confidence interval for emission estimates. In test runs with a realistic CHP production model, the proposed solution approach demonstrates good trading efficiency in terms of profit-to-turnover ratio. Considering the confidence interval for emission estimates can help the producer to reduce the transaction costs in emissions trading. Comparisons between fuel switch and fuel mix strategies show that fuel mix can provide good tradeoff between profit-making and emissions reduction.  相似文献   

3.
This study measures the quality-adjusted hospital efficiency and productivity index of a production unit. We propose a non-radial output-oriented directional distance function approach to analyze Taiwan’s hospital productivity, which embeds the quality of care and environment variables simultaneously. There are two major advantages of this model. First, it considers all the radial and non-radial slacks that the model can identify, and hence is able to provide a more accurate performance measure and improve the discriminating power of the analysis. Second, it allows us to identify the source of the inefficiency. Our results show that the productivity indices of most of Taiwan’s hospitals got worse during the 2002–2004 period, during which both technology and efficiency performance deteriorated, but divergence appeared among different types of hospitals. We confirmed the need to incorporate quality factors while measuring a hospital’s efficiency and productivity. Nevertheless, there is no evidence to support the idea that healthcare quality is undermined by the cost-saving efforts by the care providers after the implantation of a global budget system.  相似文献   

4.
While a great deal of literature has been published in recent years on the ancillary benefits of greenhouse gas mitigation (e.g., reductions in local air pollution), less attention has been focused on the climate benefits of local air pollution strategies themselves. Local air pollution is, however, a more immediate issue now faced by developing countries. This study assesses the impacts on local air pollutant emission reduction and ancillary CO2 emission reduction of SO2 control policies in China, such as a sulphur tax, SO2 total emissions control (TEC), and improvement of energy efficiency, based on the Asia-Pacific Integrated Model (AIM)/Computable General Equilibrium (CGE) country model. The simulation period is from 1997 to 2020. Major conclusions include the following: an SO2 emission cap will help to control SO2 emissions, but will result in a large GDP loss; the role of a SO2 emission tax at the present level is very limited; and an ancillary carbon reduction benefit can be achieved through the introduction of SO2 control policies in China.  相似文献   

5.
Among a comprehensive scope of mitigation measures for climate change, CO2 capture and sequestration (CCS) plays a potentially significant role in industrialised countries. In this paper, we develop an analytical real options model that values the choice between two emissions-reduction technologies available to a coal-fired power plant. Specifically, the plant owner may decide to invest in either full CCS (FCCS) or partial CCS (PCCS) retrofits given uncertain electricity, CO2, and coal prices. We first assess the opportunity to upgrade to each technology independently by determining the option value of installing a CCS unit as a function of CO2 and fuel prices. Next, we value the option of investing in either FCCS or PCCS technology. If the volatilities of the prices are low enough, then the investment region is dichotomous, which implies that for a given fuel price, retrofitting to the FCCS (PCCS) technology is optimal if the CO2 price increases (decreases) sufficiently. The numerical examples provided in this paper using current market data suggest that neither retrofit is optimal immediately. Finally, we observe that the optimal stopping boundaries are highly sensitive to CO2 price volatility.  相似文献   

6.
In searching for cost-efficient strategies to reduce emissions from energy conversion, most western countries use energy-emission models. In these models, the whole energy conversion chain and possible future options for energy supply and emission reduction are mapped into a network of energy flows. Total discounted cost of energy supply and emission reduction is minimized under the restriction of maximum allowed emissions of SO2, NO x , or CO2. The present paper extends one of these models to allow for fuzzy parameters. Such an extension appears to be useful when the data situation is weak. In this paper, a fuzzy linear program is developed, which has been applied to an energy-emission model of Lithuania.  相似文献   

7.
A study of the radiation balance of the atmosphere involves the determination of the absorption and emission of radiant energy due to the different constituents of the atmosphere. In the stratosphere below 50 km., these are mainly ozone, CO2 and water vapour. The major part of the absorbed energy is from solar radiation, the actual absorption at different levels being determined by the absorption coefficients of these gases and their vertical distributions. In this paper, a detailed survey is made of all the available data and of the recent methods developed for using such data, and after proper selection, curves are prepared giving the solar energy absorbed by different quantities of O3, CO2 and H2O. These are used to calculate the absorption of solar energy per unit volume and per unit mass in different 2 km. layers for certain vertical distributions of the constituents. It is seen that the mass density of absorption due to ozone above 50 km. becomes much larger than that due to CO2 and H2O while in the region below 30 km., they become comparable. Water vapour becomes more and more effective as we approach the earth.  相似文献   

8.
Shipping companies are forced by the current EU regulation to set up a system for monitoring, reporting, and verification of harmful emissions from their fleet. In this regulatory background, data collected from onboard sensors can be utilized to assess the ship's operating conditions and quantify its CO2 emission levels. The standard approach for analyzing such data sets is based on summarizing the measurements obtained during a given voyage by the average value. However, this compression step may lead to significant information loss since most variables present a dynamic profile that is not well approximated by the average value only. Therefore, in this work, we test two feature‐oriented methods that are able to extract additional features, namely, profile‐driven features (PdF) and statistical pattern analysis (SPA). A real data set from a Ro‐Pax ship is then considered to test the selected methods. The data set is segregated according to the voyage distance into short, medium, and long routes. Both PdF and SPA are compared with the standard approach, and the results demonstrate the benefits of employing more systematic and informative feature‐oriented methods. For the short route, no method is able to predict CO2 emissions in a satisfactory way, whereas for the medium and long routes, regression models built using features obtained from both PdF and SPA improve their prediction performance. In particular, for the long route, the standard approach failed to provide reasonably good predictions.  相似文献   

9.
Data envelopment analysis (DEA) has gained great popularity in environmental performance measurement because it can provide a synthetic standardized environmental performance index when pollutants are suitably incorporated into the traditional DEA framework. Past studies about the application of DEA to environmental performance measurement often follow the concept of radial efficiency measures. In this paper, we present a non-radial DEA approach to measuring environmental performance, which consists of a non-radial DEA-based model for multilateral environmental performance comparisons and a non-radial Malmquist environmental performance index for modeling the change of environmental performance over time. A case study of OECD countries using the proposed non-radial DEA approach is also presented. It is found that the environmental performance of OECD countries as a whole has been improved from 1995 to 1997.  相似文献   

10.
In this paper, we intend to establish relations between the way efficiency is measured in the literature on efficiency analysis and the notion of distance in topology. To this effect, we are interested particularly in the Hölder norm concept, providing a duality result based upon the profit function. Along this line, we prove that the Luenberger shortage function and the directional distance function of Chambers, Chung, and Färe appear as special cases of some l p distance (also called Hölder distance), under the assumption that the production set is convex. Under a weaker assumption (convexity of the input correspondence), we derive a duality result based on the cost function, providing several examples in which the functional form of the production set is specified.  相似文献   

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