Economic-ecological model maximizing the profit of the industrial company including emission trading

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F14%3A86090188" target="_blank" >RIV/61989100:27510/14:86090188 - isvavai.cz</a>

Výsledek na webu

—

DOI - Digital Object Identifier

—

Jazyk výsledku

angličtina

Název v původním jazyce

Economic-ecological model maximizing the profit of the industrial company including emission trading

Popis výsledku v původním jazyce

The aim of the paper is to design the model for the industrial company's profit optimization. The decision-making on the amount and structure of production is influenced by many constraints. The emphasis is put on the environmental factors including especially EU ETS system with emission trading and fees for released pollutants. These factors influence both - cost (fees that must be paid and emission permits which must be bought for covering released emissions) and revenue (from selling unused permits). Model counts with the possibility of company's choice which stock market enabling emission trading will be used for trades. The designed model is constructed as a model of linear programming and it is verified on data of the concrete steel company. The result of the paper is that environmental factors have strong influence on company total profit. Thanks to amount of permits granted to steel companies from the EU for free, it is even possible to increase the company profit. The size of this increase can be affected by choosing the most profitable stock market at the moment of making the decision.

Název v anglickém jazyce

Economic-ecological model maximizing the profit of the industrial company including emission trading

Popis výsledku anglicky

The aim of the paper is to design the model for the industrial company's profit optimization. The decision-making on the amount and structure of production is influenced by many constraints. The emphasis is put on the environmental factors including especially EU ETS system with emission trading and fees for released pollutants. These factors influence both - cost (fees that must be paid and emission permits which must be bought for covering released emissions) and revenue (from selling unused permits). Model counts with the possibility of company's choice which stock market enabling emission trading will be used for trades. The designed model is constructed as a model of linear programming and it is verified on data of the concrete steel company. The result of the paper is that environmental factors have strong influence on company total profit. Thanks to amount of permits granted to steel companies from the EU for free, it is even possible to increase the company profit. The size of this increase can be affected by choosing the most profitable stock market at the moment of making the decision.

Druh

D - Stať ve sborníku

CEP obor

AH - Ekonomie

OECD FORD obor

—

Projekt

<a href="/cs/project/EE2.3.20.0296" target="_blank" >EE2.3.20.0296: Výzkumný tým pro modelování ekonomických a finančních procesů na VŠB-TU Ostrava</a><br>

Návaznosti

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)<br>S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2014

Kód důvěrnosti údajů

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

Název statě ve sborníku

METAL 2014 : 23rd International Conference on Metallurgy and Materials : conference proceedings : May 21st-23rd 2014, hotel Voroněž I, Brno, Czech Republic, EU

ISBN

978-80-87294-54-3

ISSN

—

e-ISSN

—

Počet stran výsledku

6

Strana od-do

1570-1575

Název nakladatele

Tanger

Místo vydání

Ostrava

Místo konání akce

Brno

Datum konání akce

21. 5. 2014

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

000350641700259