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Internalisation of externalities into energy decision-making: A model for the social optimisation of the operation of electrical power systems

P. Linares, L. Muñoz-Moro, A. Ramos, J. Montes

2nd Atlantic Workshop on Energy and Environmental Economics - AWEEE 2006, Isla de La Toja (España). 26-28 junio 2006


Resumen:
This paper assesses the consequences of the internalisation of the environmental externalities of the Spanish power system. Based on results from the ExternE project, a model has been developed which is able to incorporate environmental externalities and thus allows for a socially efficient electricity system operation. Results show how when externalities are internalised, the electricity system operation may be altered significatively, even when only part of the externalities are taken into account. They also show that in some cases, the efficient allocation of resources seeked by this internalisation of externalities is prevented by the existence of political constrains, which may be justified on a social basis.


Palabras clave: Externalities, power systems, Spanish electricity sector


Fecha de publicación: 26-jun-2006


Cita:
P. Linares, L. Muñoz-Moro, A. Ramos, J. Montes, "Internalisation of externalities into energy decision-making: A model for the social optimisation of the operation of electrical power systems", presentado en 2nd Atlantic Workshop on Energy and Environmental Economics - AWEEE 2006, Isla de La Toja, España, 26-28 junio 2006

    Líneas de investigación:
  • *Planificación Táctica a Medio Plazo
  • *Análisis de Estrategia a Largo Plazo
    Grupos de investigación:
  • Instituto de Investigación Tecnológica (IIT)

IIT-99-014A

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