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Operations Research Proceedings 2011 pp 135–140Cite as

Feasibility on using carbon credits: A multiobjective model

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Part of the book series: Operations Research Proceedings ((ORP))

Abstract

This paper aims to examine the economic feasibility on trading Certified Emission Reductions (CERs) from Clean Development Mechanisms (CDM) projects that are related to electricity generation from renewable energy sources in Brazil. Its purpose is to identify favorable conditions for combining CERs trade obtained by generating electricity from wind power, biomass cogeneration and small hydro-power plants, in replace of fossil fuel plants. As those are all seasonal sources, which means that the energy offers swing along the months of the years, some risks arise associated with the CER’s net benefit. Instead of being examined alone, given that some sources can hedge others, the projects are analyzed in a portfolio framework.

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References

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Author information

Authors and Affiliations

  1. University of Campinas – UNICAMP, Campinas, Brazil

    Bruna de Barros Correia, Natália Addas Porto & Paulo de Barros Correia

Authors
  1. Bruna de Barros Correia
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  2. Natália Addas Porto
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  3. Paulo de Barros Correia
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Corresponding author

Correspondence to Bruna de Barros Correia .

Editor information

Editors and Affiliations

  1. Institut für, Betriebswirtschaftslehre, Universität Zürich, Moussonstrasse, Zurich, 8044, Switzerland

    Diethard Klatte

  2. Inst. Operations Research, ETH Zürich, Rämistr. 101, Zürich, 8092, Switzerland

    Hans-Jakob Lüthi

  3. Institut für, Betriebswirtschaftslehre, Universität Zürich, Moussonstrasse 15, Zurich, 8044, Switzerland

    Karl Schmedders

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© 2012 Springer-Verlag Berlin Heidelberg

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de Barros Correia, B., Porto, N.A., de Barros Correia, P. (2012). Feasibility on using carbon credits: A multiobjective model. In: Klatte, D., Lüthi, HJ., Schmedders, K. (eds) Operations Research Proceedings 2011. Operations Research Proceedings. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-29210-1_22

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