In this study a framework for the real-time trading of budgeted emission rights between a fleet of participating vehicles is presented. The trading problem is formulated as a utility maximisation or as a utility fairness problem, which can be solved in real time either in a centralised or in a distributed manner. In both cases, the authors illustrate the basic issues that arise when such a framework is realised in practice, and they show the efficacy of the approaches by providing several simulation examples and a realistic case study.


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    Title :

    A framework for real-time emissions trading in large-scale vehicle fleets



    Published in:

    Publication date :

    2015-04-01


    Size :

    10 pages




    Type of media :

    Article (Journal)


    Type of material :

    Electronic Resource


    Language :

    English




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