Abstract : In this paper, we analyze Nash equilibria between electricity producers selling their production on an electricity market and buying CO2 emission allowances on an auction carbon market. The producers' strategies integrate the coupling of the two markets via the cost functions of the electricity production. We set out a clear Nash equilibrium on the power market that can be used to compute equilibrium prices on both markets as well as the related electricity produced and CO2 emissions released.
Type de document :
Pré-publication, Document de travail
to appear in Commodities, Energy and Environmental Finance, eds. M. Ludkovksi, R. Sircar and R. A.. 2014
https://hal.inria.fr/hal-00954377
Contributeur : Mireille Bossy
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Soumis le : dimanche 2 mars 2014 - 17:25:51
Dernière modification le : mardi 27 mars 2018 - 16:06:18
Document(s) archivé(s) le : vendredi 30 mai 2014 - 10:35:41
Mireille Bossy, Odile Pourtallier, Nadia Maïzi. Game theory analysis for carbon auction market through electricity market coupling. to appear in Commodities, Energy and Environmental Finance, eds. M. Ludkovksi, R. Sircar and R. A.. 2014. 〈hal-00954377〉
