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30 April 2019

Dear Davide:

The following article develops an agent-based model to study the effects of carbon pricing on wholesale power outcomes for Australia.  Perhaps it will be of use to you.

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Phillip Wild, Paul Bell, and John Foster, "The Impact of Carbon Pricing on Wholesale Electricity Prices, Carbon Pass-Through Rates and Retail Electricity Tariffs in Australia," Working Paper, Department of Economics, University of Queensland, April 2012.

http://www2.econ.iastate.edu/tesfatsi/CarbonEmissionPolicyANEMModel.PWildEtAl.April2012.pdf

    Abstract: "The purpose of this article is to investigate the impact that the introduction of a carbon price signal will have on wholesale electricity prices, carbon-pass-through rates and retail electricity rates in the states making up the Australian National Electricity Market (NEM). In order to assess this, we employ an agent based model of the NEM called the ANEM model which contains many of the salient features of the NEM: intra-state and inter-state transmission branches, regional location of generators and load centres and accommodation of unit commitment features. A DC OPF algorithm is used to determine optimal dispatch of generation plant and wholesale prices within the ANEM model. We utilise ANEM model scenario runs to examine the impact of carbon prices on wholesale prices and carbon passthrough rates. This information is then used to assess the impact on retail electricity tariff rates and shares of cost components making up residential retail tariff rate structures for different states in the NEM."
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Best wishes,

Leigh

Leigh Tesfatsion
Research Professor, and
Professor Emerita of Economics,
   Mathematics, and ECpE
Heady Hall 260
Iowa State University
Ames, IA 50011-1054
http://www2.econ.iastate.edu/tesfatsi/
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-----Original Message-----
From: News and discussion about computer simulation in the social sciences <[log in to unmask]> On Behalf Of Davide Natalini
Sent: Tuesday, April 30, 2019 4:33 AM
To: [log in to unmask]
Subject: [SIMSOC] Agent-based models simulating emission trade system and carbon taxes?

Hi All,

I am about to start a new project on developing an agent-based model to simulate the different effects of an emission Trade system as compared with carbon taxes on diffusion of technology innovation. Does anybody know of open-access agent-based models that have simulated this or part of this system?

If you know any, please do send across the link to the paper/model. Information about ongoing work is also appreciated so that I don’t try to reinvent the wheel =]

All your help is very much appreciated.

Davide

Dr Davide Natalini
PhD MA BA
Research Fellow
Global Sustainability Institute
Anglia Ruskin University
Cambridge  UK

Email: [log in to unmask]
Phone: +44 845 196 5115

Selected publications
Lippe, M., Bithell, M., Gotts, N., Natalini, D. et al. 2019. Using agent-based modelling to simulate social-ecological systems across scales. Geoinformatica, pp.1-30. https://doi.org/10.1007/s10707-018-00337-8 (Full text available upon request) Natalini, D., Bravo, G. and Jones, A.W., 2017. Global food security and food riots–an agent-based modelling approach. Food Security, pp.1-21. https://doi.org/10.1007/s12571-017-0693-z . Full text at http://rdcu.be/t5oR

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