Pricing renewable energy certificates with a Crank-Nicolson Lagrange-Galerkin numerical method

DOI10.1016/J.CAM.2022.114891MaRDI QIDQ2104068zbMATH OpenOpenAlexFDO

Authors María A. Baamonde-Seoane, Carlos Vázquez, M. Carmen Calvo-Garrido

Publication date 9 December 2022

Published in Journal of Computational and Applied Mathematics (Search for Journal in Brave)

Copyright license Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International

Full work available at URL https://doi.org/10.1016/j.cam.2022.114891

zbMATH Keywords

maximal monotone operatorCrank-Nicolsonnonlinear PDELagrange-Galerkin methodgreen certificatesrenewable energy certificates

Mathematics Subject Classification ID

Gaussian processes (60G15) PDEs in connection with game theory, economics, social and behavioral sciences (35Q91) Finite difference methods for initial value and initial-boundary value problems involving PDEs (65M06) Finite element, Rayleigh-Ritz and Galerkin methods for initial value and initial-boundary value problems involving PDEs (65M60) Finite element, Rayleigh-Ritz and Galerkin methods for boundary value problems involving PDEs (65N30) Microeconomic theory (price theory and economic markets) (91B24)

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Cited in

(2)

• Model and numerical methods for pricing renewable energy certificate derivatives
• Numerical solution of a nonlinear PDE model for pricing renewable energy certificates (RECs)

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