Analysis of Environmental Policy in the Power Sector: Equilibrium Methods and Bi-Level Modeling

This book covers game-theoretic approaches to analyzing policies for environmental regulation in the power sector. The scope includes operational and investment decisions in imperfectly competitive electricity markets as well as transmission planning and policy design. Given this context, this book synthesizes equilibrium and bi-level modeling to address challenging research questions such as:
• How are power-plant operations affected by carbon policy, such as cap-and-trade (C&T) systems?
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