期刊论文

Yang, Hongming

英文

PROCEEDINGS OF THE INSTITUTION OF CIVIL ENGINEERS-ENERGY

1751-4223

2018

149

954-966

10.1016/j.energy.2018.02.036

National Natural Science Foundation of ChinaNational Natural Science Foundation of China (NSFC) [71671018, 71271033, 71331001, 91547113, 71420107027]; Science and Technology Projects of Hunan Province [2016WK2015, 2016GK2019, 2017WK2053, 2017CT5015]; Early Career Researcher and Newly Appointed Staff Development Scheme, The University of Sydney

本校为第一且通讯机构

In this paper, we present a framework that aims to minimise power generation costs while satisfying carbon emission constraints. We then construct a carbon-abatement investment-option game model for asymmetric generation companies. The results show that the investment behavior of generation companies is largely affected by the critical value of the electricity price after carbon-abatement investment (relative decarbonization price). When the relative decarbonization price is lower than the critical value, only generation companies with low emis...