Showing 1 - 10 of 116
The purpose of this study is to use real options theory to answer the following question: Is it necessary, in France, to invest in new nuclear power units or should some of the existing units be decommissioned? The theoretical model developed establishes two price thresholds which determine...
Persistent link: https://www.econbiz.de/10010706628
Since the late 90s,, European industries of electricity and gas have been subject to a process of concentration at both … the properties of the energy industry with new market structures in terms of dynamic efficiency (the ability to ensure …
Persistent link: https://www.econbiz.de/10011166300
The debate over a common European energy policy, its necessity and its establishment has been going on for a number of … decades. The discussions have been recently brought back into the spotlight by the evolution of energy market fundamentals and … the taking into account of environmental protection. In spite of the energy diversity of the European Union (EU), a common …
Persistent link: https://www.econbiz.de/10010905188
risk management. We develop an equilibrium model that fits electricity markets well. We point out that vertical integration … retail mar kets. We illustrate our analysis with data from the French electricity market. …
Persistent link: https://www.econbiz.de/10011073085
Nous nous proposons d'appliquer une grille de lecture institutionnelle, sensible aux dimensions économiques du droit, aux dispositifs juridiques relatifs au secteur électrique et aux marchés publics, en particulier de la défense. Ces domaines ont en commun d'être fortement réglementés, de...
Persistent link: https://www.econbiz.de/10011073917
. Against this background, we develop a model of the main sectors covered by the EU ETS: electricity, steel, cement, and …. Another relatively efficient policy is to combine auctioning in the electricity sector and output-based allocation in exposed … generation of the electricity consumed. Although output-based allocation is generally less effective than border adjustment to …
Persistent link: https://www.econbiz.de/10011074553
Persistent link: https://www.econbiz.de/10010708904
This paper analyses the potential of biomass-based electricity in the EU-27 countries, and interactions with climate … that biomass-based electricity remains profitable with high biomass prices, when the carbon price is high: a Euros 16 …
Persistent link: https://www.econbiz.de/10011122223
We propose a joint modeling of spot electricity prices, forwards prices and other derivative prices, using recent …
Persistent link: https://www.econbiz.de/10010861561
The liberalization of electricity and gas markets clashes against the French economic culture that relies on the state … is likely to increase the complexity of technical, institutional, financial and organizational solutions of the energy …
Persistent link: https://www.econbiz.de/10010706875