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electricity generating fleet than most studies have predicted. …
Persistent link: https://www.econbiz.de/10010643001
An important feature in the design of an emissions trading program is how emissions allowances are initially distributed into the market. In a competitive market the choice between an auction and free allocation should, according to economic theory, not have any influence on firms’ production...
Persistent link: https://www.econbiz.de/10005196903
Planning of the electricity transmission system generally focuses on the pros and cons of providing generation close to … the source of the power demand versus remote generation linked via the transmission system. Recent electricity supply … electricity supply. Recently, the Western Governors’ Association led the development of a planning exercise that examined the …
Persistent link: https://www.econbiz.de/10005442373
policies to provide revenue for the sale of electricity generated from captured methane gas. Individually, any of these …
Persistent link: https://www.econbiz.de/10005442430
An important feature in the design of an emissions trading program is how emissions allowances are initially distributed into the market. In a competitive market the choice between an auction and free allocation should, according to economic theory, not have any influence on firms’ production...
Persistent link: https://www.econbiz.de/10005442603
We analyze policies to promote renewable sources of electricity. A renewable portfolio standard raises electricity … production tax credit lowers electricity price at the expense of taxpayers and thus limits its effectiveness in reducing carbon …
Persistent link: https://www.econbiz.de/10005442604
regional, mandatory, market-based cap-and-trade program to reduce greenhouse gas (GHG) emissions from the electricity sector …. The initiative is expected to lead to an increase in the price of electricity in the RGGI region and beyond. The … implications of these changes for the value of electricity-generating assets and the market value of the firms that own them …
Persistent link: https://www.econbiz.de/10005448661
Policies to cap emissions of carbon dioxide (CO2) in the U.S. economy could pose significant costs on the electricity … electricity sector, we evaluate alternative ways that emission allowances can be allocated. Most previous emissions trading … programs have allocated the major portion of allowances for free to incumbent firms. In the electricity sector this approach …
Persistent link: https://www.econbiz.de/10005448667
current emitters on the basis of a historic measure of electricity generation in an approach known as grandfathering. Recent … some performance metric in a recent year (the share of electricity generation or something else) and auctioning allowances … such as electricity price, the mix of generation technologies, and the emissions of conventional pollutants inside and …
Persistent link: https://www.econbiz.de/10005399443
Paradoxically, owners of existing generation assets may be better off paying for carbon dioxide emission allowances than having them distributed for free. This analysis shows that it takes just 7.5% of the revenue raised under an auction to preserve the asset values of existing generators.
Persistent link: https://www.econbiz.de/10005399466