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.
A framework for real-time emissions trading in large-scale vehicle fleets
IET Intelligent Transport Systems ; 9 , 3 ; 275-284
2015-04-01
10 pages
Article (Journal)
Electronic Resource
English
budgeted emission rights , utility theory , participating vehicle fleet , real-time trading , environmental economics , utility fairness problem , large-scale vehicle fleets , optimisation , utility maximisation , plug-in hybrid electric vehicles , air pollution , hybrid electric vehicles , real-time emission trading
Metadata by IET is licensed under CC BY 3.0
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