Shadow Price Analysis of Potential Northeast Asia Power System Interconnection

Prospective Electric Power Cooperation among Northeast Asian Countries in the Context of Carbon Tax Sergei Podkovalnikov, Chudinova Lyudmila

“…The study presented in the paper is a continuation of our previous investigations [8,13,14]. It differs from the previous ones in the following: a).…”

“…Currently, the studies have advanced to the level of the interstate power interconnection of the entire NEA subregion. Some of those carried out to date are presented in [3,4,[8][9][10][11][12][13][14]. The studies discussed in [3,4,8,13,14] are distinguished from…”

“…Our studies presented in [8,13,14] differ from other studies by the following: a) all countries in NEA subregion are considered, b) consumer loads and generating capacities are examined for all nodes (representing EPSs of the countries or their territories) of NEA interstate grid, c) the system benefits resulting from the interstate power grid establishment in NEA are assessed in detail, d) all participating countries share the system benefits. These studies show that the integration of the national power systems of NEA countries makes it possible to obtain substantial system benefits.…”

Renewables Expansion in Northeast Asian Power Grid

“…Pairs of scenarios including Base case one and scenario of NEA ISPG formation were presented for assumed levels of CO2 tax, including zero CO2 emission tax, and level of tax in the amount of USD 60 per ton of carbon dioxide emission accordingly. These scenarios were optimised by using mathematical model for expansion and dispatching of electric power systems ORIRES [5,9].…”

“…Major economic and technical input data for the research was taken from reports and studies made by international, governmental and scientific organizations of the considered Northeast Asian countries [6,9-12, etc.]. The data was collected, processed and presented by authors in research papers [3,7,9] and that is why is not given here. Renewables development was not optimized in these researches and, therefore, their input data was not presented there.…”