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 … Pool market and Spain, using one-year futures for base and peak load prices for the years 2009-2012, corresponding to …

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

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 …

We formulate a model with black, green and white certificates markets that function in conjunction with an electricity ….g. share of green electricity and share of energy saving/ efficiency increase.) The equilibrium solution adapts to changing …, or unchanged consumption of "black", "green" or "white" electricity. These, markets give thus a poor guidance for future …