Prospective Electric Power Cooperation among Northeast Asian Countries in the Context of Carbon Tax

Abstract

The paper addresses the prospects for power grid formation in Northeast Asia in terms of carbon dioxide emissions. Carbon dioxide tax is implemented as a tool to quantitatively engage environmental issues in the study. A survey of the studies on the prospective NEA power grid has been done. The research employs a methodology and a mathematical model for the optimization of power system expansion and economic dispatching of power plants. Environmentally friendly scenarios of the NEA power grid were built and studied.