Forecasting Optimization Model of the U.S. Coal, Energy and Emission Markets

Abstract Generation of electricity is influenced by the complex interplay of economic and political forces, as well as environmental and technological constraints. Sustainable energy-political acting not only has to consider the pure satisfaction of demand and economic interests, but also to accept the challenge of minimizing the environmental impacts. In such a complex system, market participants need reliable knowledge and forecasts in order to act properly. These essential requirements can be obtained through an abstract model providing comprehensive results.