Economic and environmental implications of nodal, zonal and uniform marginal pricing of electricity : (Record no. 32984)

MARC details
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System control number .b12073428
099 #9 - LOCAL FREE-TEXT CALL NUMBER (OCLC)
Classification number AIT Thesis no.ET-09-08
100 0# - MAIN ENTRY--PERSONAL NAME
Personal name Dao Hoang Duc
245 10 - TITLE STATEMENT
Title Economic and environmental implications of nodal, zonal and uniform marginal pricing of electricity :
Remainder of title a case of Veitnam
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Place of publication, distribution, etc. Pathum Thani, Thailand :
Name of publisher, distributor, etc. Asian Institute of Technology,
Date of publication, distribution, etc. 2009
300 ## - PHYSICAL DESCRIPTION
Extent 76 leaves :
Other physical details ill. +
Accompanying material 1 online resource
490 1# - SERIES STATEMENT
Series statement Thesis ;
Volume/sequential designation no. ET-09-08
500 ## - GENERAL NOTE
General note A thesis submitted in partial fulfillment of the requirement for the degree of Master of Engineering in Energy
502 ## - DISSERTATION NOTE
Dissertation note Thesis (M.Eng.) - Asian Institute of Technology, 2009
520 ## - SUMMARY, ETC.
Summary, etc. This study analyzed the differences among nodal, uniform and zonal marginal price models under the objective of maximization of welfare and minimization of generation cost. It also analyzed the economic and environmental effects of carbon tax, energy tax and carbon dioxide reduction target on electricity market of 500kV grid in Vietnam in 2020 at weekend and working day in the rainy season. The electricity pricing model were coded in GAMs and solved with the standard MINOS solver. This study shows that as compared to nodal marginal price (NMP), welfare losses in uniform marginal price (UMP) are 1.77% and 1.74% whereas in zonal marginal price (ZMP) welfare losses are 0.77% and 0.79 % respectively at weekend and working day. Besides, electricity pricing under welfare maximization is more economically efficient than minimization of generation cost. This study also analyzed the implications of setting carbon dioxide reduction target on electricity market of 500kV grid in Vietnam. Three cases of emission reduction target were considered: (i) carbon dioxide reduction target of 10%. (ii) carbon dioxide reduction target of 20% (iii) and carbon dioxide reduction target of 30%. This study indicates that carbon dioxide reduction target reduced the environmental effects and bring benefit to generators but the total welfare of electricity decreased in this case. The more the carbon dioxide reduction target increases, the more the environmental effects and total welfare reduce and the more the profit of the generators increases. Besides, the key finding of this study is that imposing carbon tax on electricity market also reduced environmental effects and brings benefit for lower and non carbon fuel power plants while it caused to reduce total welfare and profit of high carbon fuel power plant. The carbon tax relevant to stabilization level in the atmosphere at 550 ppmv and 650 ppmv is taken from Edmonds (2006) was introduced in this study. With the increase in carbon tax, the environmental effects, welfare and profit of high carbon fuel power plant reduced more while profit of lower and non carbon fuel power plant increase more. In addition, this study estimated the environmental and economic effect of energy tax on electricity market. Two different energy tax rates were considered in this study, i,e., USO.5$/MBtu and US1$/MBTu. The results also show that with the increase in energy tax, the environmental effects, welfare and profit of fossil fuel power plant reduced more while the profit of non-fossil fuel power plant increased
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Electricity
General subdivision Economic aspects
Geographic subdivision Vietnam
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Electricity
General subdivision Environmental aspects
Geographic subdivision Vietnam
700 1# - ADDED ENTRY--PERSONAL NAME
Personal name Shrestha, Ram M.,
Relator term Chairperson
700 1# - ADDED ENTRY--PERSONAL NAME
Personal name Nadarajah, Mithulananthan,
Relator term Examination Committee
700 1# - ADDED ENTRY--PERSONAL NAME
Personal name Wang, Yaw Jeun,
Relator term Examination committee
710 2# - ADDED ENTRY--CORPORATE NAME
Corporate name or jurisdiction name as entry element Electricity of Vietnam,
Relator term Scholarship donor
810 2# - SERIES ADDED ENTRY--CORPORATE NAME
Corporate name or jurisdiction name as entry element Asian Institute of Technology.
Title of a work Thesis ;
Volume/sequential designation no. ET-09-08
856 ## - ELECTRONIC LOCATION AND ACCESS
Materials specified Full-Text
Uniform Resource Identifier <a href="http://203.159.5.9/ait-thesis/detail.php?q=B02203">http://203.159.5.9/ait-thesis/detail.php?q=B02203</a>
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Cataloger's initials, CIN (RLIN) 100218
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Koha item type 22-AIT Thesis (Replacement)
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Koha item type 40-Archives
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      Available for Loans Asian Institute of Technology Library Asian Institute of Technology Library AIT Publications 18/08/2026 50.00   AIT Thesis no.ET-09-08 30050120604144 18/08/2026 2 18/08/2026 22-AIT Thesis (Replacement)
      Available for Loans Asian Institute of Technology Library Asian Institute of Technology Library Archives 18/08/2026     AIT Thesis no.ET-09-08 30050120368682 18/08/2026   18/08/2026 40-Archives
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