A Multi-Objective Unit Commitment Model for Setting Carbon Tax to Reduce CO2 Emission: Thailand's Electricity Generation Case
Carbon tax policy is a cost-effective instrument for emission reduction. However, setting the carbon tax is one of the challenging task for policy makers as it will lead to higher price of emission-intensive sources especially the utility price. In a large-scale power generation system, minimizing t...
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| Format: | Article |
| Language: | English |
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Thai Society of Higher Eduction Institutes on Environment
2015-07-01
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| Series: | EnvironmentAsia |
| Subjects: | |
| Online Access: | http://www.tshe.org/ea/pdf/vol8no2-02.pdf |
| _version_ | 1811254097111678976 |
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| author | Nuchjarin Intalar Apirath Phusittrakool Chawalit Jeenanunta Aussadavut Dumrongsiri Pisal Yenradee |
| author_facet | Nuchjarin Intalar Apirath Phusittrakool Chawalit Jeenanunta Aussadavut Dumrongsiri Pisal Yenradee |
| author_sort | Nuchjarin Intalar |
| collection | DOAJ |
| description | Carbon tax policy is a cost-effective instrument for emission reduction. However, setting the carbon tax is one of the challenging task for policy makers as it will lead to higher price of emission-intensive sources especially the utility price. In a large-scale power generation system, minimizing the operational cost and the environmental impact are conflicting objectives and it is difficult to find the compromise solution. This paper proposes a methodology of finding a feasible carbon tax rate on strategic level using the operational unit commitment model. We present a multi-objective mixed integer linear programming model to solve the unit commitment problem and consider the environmental impacts. The methodology of analyzing of the effect of carbon tax rates on the power generation, operating cost, and CO2 emission is also provided. The trade-off relationship between total operating cost and total CO2 emission is presented in the Pareto-optimal curve to analyze the feasible carbon tax rate that is influencing on electricity operating cost. The significant outcome of this paper is a modeling framework for the policy makers to determine the possible carbon tax that can be imposed on the electricity generation. |
| first_indexed | 2024-04-12T17:02:02Z |
| format | Article |
| id | doaj.art-067002c2958c41829d52833ab9f218ec |
| institution | Directory Open Access Journal |
| issn | 1906-1714 |
| language | English |
| last_indexed | 2024-04-12T17:02:02Z |
| publishDate | 2015-07-01 |
| publisher | Thai Society of Higher Eduction Institutes on Environment |
| record_format | Article |
| series | EnvironmentAsia |
| spelling | doaj.art-067002c2958c41829d52833ab9f218ec2022-12-22T03:24:03ZengThai Society of Higher Eduction Institutes on EnvironmentEnvironmentAsia1906-17142015-07-0182917A Multi-Objective Unit Commitment Model for Setting Carbon Tax to Reduce CO2 Emission: Thailand's Electricity Generation CaseNuchjarin Intalar0Apirath Phusittrakool1Chawalit Jeenanunta2Aussadavut Dumrongsiri 3Pisal Yenradee4Sirindhorn International Institute of Technology, Thammasat University, P.O. Box 22, Thammasat Rangsit Post Office, Pathumthani 12120, ThailandSirindhorn International Institute of Technology, Thammasat University, P.O. Box 22, Thammasat Rangsit Post Office, Pathumthani 12120, ThailandSirindhorn International Institute of Technology, Thammasat University, P.O. Box 22, Thammasat Rangsit Post Office, Pathumthani 12120, ThailandSirindhorn International Institute of Technology, Thammasat University, P.O. Box 22, Thammasat Rangsit Post Office, Pathumthani 12120, ThailandSirindhorn International Institute of Technology, Thammasat University, P.O. Box 22, Thammasat Rangsit Post Office, Pathumthani 12120, ThailandCarbon tax policy is a cost-effective instrument for emission reduction. However, setting the carbon tax is one of the challenging task for policy makers as it will lead to higher price of emission-intensive sources especially the utility price. In a large-scale power generation system, minimizing the operational cost and the environmental impact are conflicting objectives and it is difficult to find the compromise solution. This paper proposes a methodology of finding a feasible carbon tax rate on strategic level using the operational unit commitment model. We present a multi-objective mixed integer linear programming model to solve the unit commitment problem and consider the environmental impacts. The methodology of analyzing of the effect of carbon tax rates on the power generation, operating cost, and CO2 emission is also provided. The trade-off relationship between total operating cost and total CO2 emission is presented in the Pareto-optimal curve to analyze the feasible carbon tax rate that is influencing on electricity operating cost. The significant outcome of this paper is a modeling framework for the policy makers to determine the possible carbon tax that can be imposed on the electricity generation.http://www.tshe.org/ea/pdf/vol8no2-02.pdfCO2 emission reductionmulti-objective unit commitmentcarbon tax policypareto-optimal curveenergy policy |
| spellingShingle | Nuchjarin Intalar Apirath Phusittrakool Chawalit Jeenanunta Aussadavut Dumrongsiri Pisal Yenradee A Multi-Objective Unit Commitment Model for Setting Carbon Tax to Reduce CO2 Emission: Thailand's Electricity Generation Case EnvironmentAsia CO2 emission reduction multi-objective unit commitment carbon tax policy pareto-optimal curve energy policy |
| title | A Multi-Objective Unit Commitment Model for Setting Carbon Tax to Reduce CO2 Emission: Thailand's Electricity Generation Case |
| title_full | A Multi-Objective Unit Commitment Model for Setting Carbon Tax to Reduce CO2 Emission: Thailand's Electricity Generation Case |
| title_fullStr | A Multi-Objective Unit Commitment Model for Setting Carbon Tax to Reduce CO2 Emission: Thailand's Electricity Generation Case |
| title_full_unstemmed | A Multi-Objective Unit Commitment Model for Setting Carbon Tax to Reduce CO2 Emission: Thailand's Electricity Generation Case |
| title_short | A Multi-Objective Unit Commitment Model for Setting Carbon Tax to Reduce CO2 Emission: Thailand's Electricity Generation Case |
| title_sort | multi objective unit commitment model for setting carbon tax to reduce co2 emission thailand s electricity generation case |
| topic | CO2 emission reduction multi-objective unit commitment carbon tax policy pareto-optimal curve energy policy |
| url | http://www.tshe.org/ea/pdf/vol8no2-02.pdf |
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