2014
DOI: 10.4028/www.scientific.net/amm.522-524.783
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The Optimal Extraction Path of Exhaustible Resources under Environment Control

Abstract: Assuming in the perfectly competitive market, using the optimal control theory and making the social welfare as the maximization target, the paper studies on environment control which impacts the optimal extraction path of exhaustible resource. The special case result shows that: reserve and the changes of environment capacity function and curve are influenced by original reserve, discounted value, the absolute ratio of green environment flow to resource extraction quantity, and marginal cost.

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“…Based on this, thermal energy storage is combined to improve wind power consumption. Yan Xiaoxia et al [13] established the optimal scheduling model of multi-source energy storage microgrid systems with electricity to gas. Dabbagh S et al [14][15] comprehensively consider uncertainty factors such as resource price, market structure, policy, etc., takes the maximum system revenue as the objective function, and take into account the constraints of system equipment.…”
Section: Introductionmentioning
confidence: 99%
“…Based on this, thermal energy storage is combined to improve wind power consumption. Yan Xiaoxia et al [13] established the optimal scheduling model of multi-source energy storage microgrid systems with electricity to gas. Dabbagh S et al [14][15] comprehensively consider uncertainty factors such as resource price, market structure, policy, etc., takes the maximum system revenue as the objective function, and take into account the constraints of system equipment.…”
Section: Introductionmentioning
confidence: 99%