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Optimization Models for Emissions Management

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F18%3A10240734" target="_blank" >RIV/61989100:27510/18:10240734 - isvavai.cz</a>

  • Result on the web

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    Optimization Models for Emissions Management

  • Original language description

    Emissions trading within the European Trading System (EU ETS) is the main tool of the EU environmental policy. The objective of this system is to reduce greenhouse gases emissions released to the atmosphere by European companies. This book is focused on the system&apos;s impact on the participating companies. In particular, the ways how a company can reduce the costs and risk implied by emissions trading are explored. Stochastic programming and fuzzy optimization belong to the group of optimization methods, which allow involving risk and uncertainty in the models. Due to uncertain factors related with the EU ETS (e.g., prices of emission allowances) or a particular market with traded commodities (market demand), those mathematical methods are highly suitable to find the optimal policy of a company trading emission allowances. Namely, three stochastic optimization models and two fuzzy optimization models with various assumptions (number of time periods, type of uncertainty, way how to measure risk, etc.) are introduced.

  • Czech name

  • Czech description

Classification

  • Type

    B - Specialist book

  • CEP classification

  • OECD FORD branch

    10102 - Applied mathematics

Result continuities

  • Project

    <a href="/en/project/GA16-01298S" target="_blank" >GA16-01298S: Dynamic Decision-making of a Steel Producer under Emission Control</a><br>

  • Continuities

    P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Others

  • Publication year

    2018

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • ISBN

    978-80-248-4193-9

  • Number of pages

    212

  • Publisher name

    Faculty of Economics, Technical University of Ostrava

  • Place of publication

    Ostrava

  • UT code for WoS book