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Environmental protection is one of Europe's key values. The EU has set clear policy objectives to achieve its environmental goals. The EU has favoured market-based instruments, among which fiscal instruments to tackle the climate change problem. This paper takes a policy-making perspective and...
Persistent link: https://www.econbiz.de/10013157842
We estimate the relationship between electricity, fuel and carbon prices in Germany, France, the Netherlands, the Nord … increasing interaction between electricity and input prices on the one hand, and between electricity markets on the other. The …
Persistent link: https://www.econbiz.de/10013315729
energy sources for electricity production (RES-E). If an emission cap is the only policy target, an optimal mix consisting of …
Persistent link: https://www.econbiz.de/10013030307
Power market integration is analyzed in a two countries model with nationally regulated firms and costly public funds. If generation costs between the two countries are too similar negative business-stealing outweighs efficiency gains so that following integration welfare decreases in both...
Persistent link: https://www.econbiz.de/10013104162
time. In the context of electricity markets, I show how the auction structure and bidding data can be used to estimate …
Persistent link: https://www.econbiz.de/10013052093
economies? The paper develops a new comparative data set on the usage of electricity in the manufacturing sectors of the USA …
Persistent link: https://www.econbiz.de/10013033865
of the electricity market in the U.S. as our case study, we find support for our theoretical predictions. Furthermore, we …
Persistent link: https://www.econbiz.de/10013030481
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 …
Persistent link: https://www.econbiz.de/10010764280
It is commonly believed that the response of the price of corn ethanol (and hence of the price of corn) to shifts in biofuel policies operates in part through market expectations and shifts in storage demand, yet to date it has proved difficult to measure these expectations and to empirically...
Persistent link: https://www.econbiz.de/10012963589
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 …
Persistent link: https://www.econbiz.de/10012964381