Energetikos i̧monės kaštu̧ optimizavimas Europos Sa̧jungos prekybos apyvartiniais taršos leidimais sistemoje

Translated title of the contribution: Cost optimisation of energy producing company in the European emission trading system

Ruta Bubniene, Vytis Kopustinskas, Dalia Štreimikiene

Research output: Contribution to journalArticle

Abstract

Although the European Union market of carbon dioxide emission allowances is immature, it presents potential opportunities for the companies involved for environmental improvements and optimal use of resources. Emission trading is designed to be a cost-managing instrument.However,evaluation of the first-yearperformance of the European Union Emission Trading scheme showed its weak environmental and economic impacts. This could be enhanced, among others, through a more active participation of the companies in the allowances trading. A company's enrolment in the trading scheme is based on saving costs, therefore, it is essential to explore the complexity of factors influencing trading and identify the internal opportunities of cost optimisation. The article presents a mathematical model of cost optimisation and focuses on the key factors influencing decision-making at a company level.

Original languageLithuanian
Pages (from-to)31-36
Number of pages6
JournalEnergetika
Volume5
Issue number3
Publication statusPublished - 2008
Externally publishedYes

Fingerprint

emissions trading
cost
energy
Costs
Industry
European Union
economic impact
Carbon dioxide
environmental impact
carbon dioxide
Decision making
decision making
Mathematical models
Economics
market
resource
allowance

ASJC Scopus subject areas

  • Energy Engineering and Power Technology
  • Energy (miscellaneous)
  • Geotechnical Engineering and Engineering Geology

Cite this

Energetikos i̧monės kaštu̧ optimizavimas Europos Sa̧jungos prekybos apyvartiniais taršos leidimais sistemoje. / Bubniene, Ruta; Kopustinskas, Vytis; Štreimikiene, Dalia.

In: Energetika, Vol. 5, No. 3, 2008, p. 31-36.

Research output: Contribution to journalArticle

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