Abstract
The large-scale introduction of independent power producers (IPP's) which use coal and residual oil for economical electric power generation might influence the reduction in total CO2 emission in Japan. In our previous study, we evaluated the potential capacity and the economic value of various types of IPP's considering the reduction in CO2 emission in the electric power industry on basis of the optimal electric generation planning. This paper calculates fuel-and capacity-dependent maximum price of IPP's electricity for electric power utility under limitation of CO2 emissions. This paper also proposes the fuel-dependent pricing of IPP's electricity considering the tender probability of IPP's for electric power market. As a result, the appropriate price of IPP's electricity for both utility and IPP was evaluated.