Optimal provision of hydroelectric power under environmental and regulatory constraints.
Hydroelectric power plants can quickly and inexpensively respond to changes in electricity demand. However, this operational flexibility can cause negative environmental impacts and these environmental effects are mitigated through direct restrictions on hydropower operations, rather than taxes or o...
| Published in: | Land Economics Vol. 75; no. 2; pp. 267 - 284 |
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| Main Authors: | , , |
| Format: | Article |
| Published: |
University of Wisconsin Press
May 1999
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| Subjects: | |
| Online Access: | View this record in EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=511111135&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 511111135 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00237639 LAE jtl: Land Economics issn: 00237639 maglogo: N pubinfo: dt: May 1999 vid: 75 iid: 2 pid: 249 pub: University of Wisconsin Press artinfo: ui: 511111135 10.2307/3147010 ppf: 267 ppct: 17 formats: fmt: @attributes: type: T tig: atl: Optimal provision of hydroelectric power under environmental and regulatory constraints. aug: au: Edwards, Brian K. Flaim, Silvio J. Howitt, Richard E. su: Hydroelectric power plants & the environment Electric utility laws Mathematical models Electric power production sug: subj: Hydroelectric power plants & the environment Electric utility laws Mathematical models Electric power production ab: Hydroelectric power plants can quickly and inexpensively respond to changes in electricity demand. However, this operational flexibility can cause negative environmental impacts and these environmental effects are mitigated through direct restrictions on hydropower operations, rather than taxes or other market-based mechanisms. A dynamic model of hydroelectric generation is used to derive hourly hydroelectric generation and purchases of replacement power to meet contract demand in the presence of these operational restrictions. The pattern of hydropower generation is shown to depend on differences between on-peak and off-peak spot electricity prices within the operational restrictions set by external regulatory mechanisms. (JEL Q25, Q28, Q4) Reprinted by permission of the publisher. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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