The impact of transmission constraints on the emissions leakage under cap-and-trade program

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dc.contributor.authorSauma, Enzo
dc.date.accessioned2024-01-10T12:43:50Z
dc.date.available2024-01-10T12:43:50Z
dc.date.issued2012
dc.description.abstractSeveral regional cap-and-trade (C&T) programs are considered or implemented in the United States to control greenhouse gas emissions from the power sector. One concern is the possibility of emissions leakage due to a lack of coherence in the geographic scope of the regional electricity market and the C&T program. Leakage in the context of regulating CO2 emissions is defined as the short-run displacement of CO2 emissions from the capped region to other uncapped regions due to the imposition of a regional C&T scheme. However, the presence of transmission congestion could interact with regulations in an unanticipated way to determining whether leakage would occur and its magnitude if happens. In this paper, we use a two-node network to study the conditions under which the CO2 leakage would happen in a radial network under a C&T program. These conditions are related to transmission capacity, merit order change, and relative production cost between capped and uncapped regions. Since CO2 leakage would likely occur in a radial network during the time when there is surplus transmission capacity, if regional CO2 policies could influence power grid management and operations decisions, then there might be space for a better multi-objective coordination. (C) 2012 Elsevier Ltd. All rights reserved.
dc.description.funderCONICYT
dc.description.funderFONDECYT
dc.fechaingreso.objetodigital22-03-2024
dc.format.extent8 páginas
dc.fuente.origenWOS
dc.identifier.doi10.1016/j.enpol.2012.08.057
dc.identifier.eissn1873-6777
dc.identifier.issn0301-4215
dc.identifier.urihttps://doi.org/10.1016/j.enpol.2012.08.057
dc.identifier.urihttps://repositorio.uc.cl/handle/11534/77625
dc.identifier.wosidWOS:000312620000018
dc.information.autorucIngeniería;Sauma E;S/I;74184
dc.language.isoen
dc.nota.accesocontenido parcial
dc.pagina.final171
dc.pagina.inicio164
dc.publisherELSEVIER SCI LTD
dc.revistaENERGY POLICY
dc.rightsacceso restringido
dc.subjectCarbon leakage
dc.subjectEmissions trading
dc.subjectPower system economics
dc.subject.ods13 Climate Action
dc.subject.odspa13 Acción por el clima
dc.titleThe impact of transmission constraints on the emissions leakage under cap-and-trade program
dc.typeartículo
dc.volumen51
sipa.codpersvinculados74184
sipa.indexWOS
sipa.indexScopus
sipa.trazabilidadCarga SIPA;09-01-2024
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