A New Water and Carbon Conscious Electricity Market Model for the Electricity-Water-Climate Change Nexus

With electricity, water, and climate change inextricably linked to each other, developing individualized policies or studying them in isolation is ineffectual and misguided. To understand the serious joint implications of the electricity-water-climate change nexus, the authors propose a conceptual framework of a joint carbon and water cap-and-trade model and present a multi-agent reinforcement learning-based predictive model to gain a deeper understanding of this nexus.