Oct 19 STEP-FAR Taxing Emissions in [Un]Congested Power Systems

Taxing Emissions in [Un]Congested Power Systems
The electricity sector is the major source of greenhouse gas (GHG) emissions. E.g. in 2013, electricity sector contributed to 31% of total US GHG emissions. Emission tax can be imposed to limit these emissions. In this talk, I will illustrate a method by which market operators/government could tax emissions from a power plant on wholesale electricity market. I will then study its effect on a simple power system model both with and without congestion.  I will present the results in terms of emission savings, generator revenue, load revenue and governmental revenue. I'll conclude that, due to power system constraints, emission tax may not reduce emissions and may just impose tax burden to no one else but load.

About the Presenter:   Vivek Bhandari, a native of Nepal, has an undergraduate degree in electrical and electronics engineering from Kathmandu University (KU) in Nepal, and a master’s degree in electrical engineering from University of Minnesota as a Fulbright scholar. He has worked over 5 years - mostly in distributed electrical systems in different parts of the world. After exploring technical avenues as an electrical engineer, Vivek  is examining the broader areas that shape energy and environmental sectors. This presentation is a part of his PhD thesis. Besides this issue of taxation, Vivek is working in understanding diffusion of Combined Heat and Power.

About the STEP-FAR Seminar Series
STEP FAR (Science Technology and Environmental Policy Feedback and Research) is designed for students, staff, faculty, and fellows to get together in an informal setting to discuss their projects, research-in-progress, opportunities, and a variety of other issues related to science, technology, environment, energy, and policy. It is a bi-weekly seminar taking place throughout the academic year. Learn more about STEP-FAR
Vivek Bhandari
PhD, Public Affairs

DateOctober 19
Time12:00 - 1:00 PM
Place: HHH 170
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