interwoven in the electricity market as the producers of green electricity are also the suppliers of TGCs. In this paper, we … formulate an analytic equilibrium model for simultaneously functioning electricity and TGC markets, and focus on the role of … market power. We consider a Stackelberg leadership model with endogenous treatment of the interaction between the electricity …

paper concludes with simulations for a number of OECD countries showing that the impact of projected ageing of the labour …

countries would have an interest in leaving the international environmental agreement. The simulations show that the transfer …

Myriad policy measures aim to reduce greenhouse gas emissions from the electricity sector, promote generation from … lower electricity prices. Even with multiple market failures, emissions pricing remains the single most cost …

subsidized entry of wind power in the Nordic electricity market. A relatively small-scale entry of renewables leads to a large … the total electricity market expenditures. The subsidies generate net gains to consumers. We develop an approach to …

We investigate the displacement effects of phase-out-of-coal policies in a stylized model of electricity generation and … CO2 regulation, in which a group of countries operates an emissions trading scheme (ETS). Electricity markets are either … electricity, some emissions as well as some coal-based electricity ‘leak’ into other countries and the aggregate welfare of the …

are on electricity-included property lease contracts causing them to face a marginal electricity price of zero. We use … electricity in response to summer temperature fluctuations. The result is retrieved under weaker identifying assumptions than … previous split incentives papers, and is robust when exposed to several opportunities to fail. The electricity reduction in …