Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 1 of 1
Full-Text Articles in Entire DC Network
A Dynamic Optimization Model Of Energy Related Economic Planning And Development For The Navajo Nation, Hamid Beladi
A Dynamic Optimization Model Of Energy Related Economic Planning And Development For The Navajo Nation, Hamid Beladi
All Graduate Theses and Dissertations, Spring 1920 to Summer 2023
The Navajo reservation located in portions of Arizona, New Mexico and Utah is rich in low sulfur coal deposits, ideal for strip mining operation. Presently, the Navajo Nation has entered into extensive coal leases with several large companies and utilities. Contracts have committed huge quantities of Navajo coal for mining.
The present research has been directed to evaluate the shadow prices of Navajo coal and identify optimal coal extraction. An economic model of coal resource extraction over time has been structured within an optimal control problem has been formulated as a discrete dynamic optimization problem.
A comparison of the shadow …