2014
DOI: 10.3390/en7042228
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Taxing Strategies for Carbon Emissions: A Bilevel Optimization Approach

Abstract: This paper presents a quantitative and computational method to determine the optimal tax rate among generating units. To strike a balance between the reduction of carbon emission and the profit of energy sectors, the proposed bilevel optimization model can be regarded as a Stackelberg game between the government agency and the generation companies. The upper-level, which represents the government agency, aims to limit total carbon emissions within a certain level by setting optimal tax rates among generators a… Show more

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Cited by 34 publications
(22 citation statements)
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“…In [25] an integrated power generation expansion planning model towards low-carbon economy is proposed. In [26] a short term optimization method is proposed to determine the optimal tax rate among generating units.…”
Section: Introductionmentioning
confidence: 99%
“…In [25] an integrated power generation expansion planning model towards low-carbon economy is proposed. In [26] a short term optimization method is proposed to determine the optimal tax rate among generating units.…”
Section: Introductionmentioning
confidence: 99%
“…These insects basically damage the crops. Swimming behaviour of grasshoppers can be written as [24]:…”
Section: Overviewmentioning
confidence: 99%
“…GOA is also initialized with some random solutions like other evolutionary algorithms using following equation [24]. min max min () * ( )…”
Section: Initializationmentioning
confidence: 99%
“…It is evident that the manufacturing industry has become one of the major sources of energy consumption and CO 2 emissions, which will continue to increase by 1.9% annually if no effective action is taken [2]. Improved industrial energy efficiency is a critical cornerstone in climate change mitigation [3].…”
Section: Introductionmentioning
confidence: 99%