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Upon discussion of price setting on electricity wholesale markets, many refer to the so-called merit order model. Conventional wisdom holds that during most hours of the year, coal- or natural gas-fired power plants set the price on European markets. In this context, this paper analyses price...
Persistent link: https://www.econbiz.de/10011948155
This paper aims at characterizing the conditions of wind power deployment in order to infer a carbon price level that would provide wind power with comparable advantage over fossil fuel technologies as effective wind support policies. The analysis is conducted on Danish data from 2000 to 2010,...
Persistent link: https://www.econbiz.de/10010476202
Persistent link: https://www.econbiz.de/10012548135
We analyse variations of carbon emissions in the European cement industry from 1990 to 2011, at the European level (EU 27), and at the national level for six major producers (Germany, France, Spain, United Kingdom, Italy and Poland). We apply a Log-Mean Divisia Index (LMDI) method, crossing data...
Persistent link: https://www.econbiz.de/10010404130
The objective of this paper is to assess the likely allocation effects of the current climate protection strategy as it … is laid out in the National Allocation Plans (NAPs) for the European Emissions Trading Scheme (ETS). The multi …
Persistent link: https://www.econbiz.de/10003356616
The European Union Emissions Trading System has raised concerns about possible detrimental effects on firms production through an increase in polluting costs, unless firms change inputs or increase the efficiency in the way they produce. We provide evidence of the causal impact of this policy on...
Persistent link: https://www.econbiz.de/10013361269
In this work we update the regionalization and the calibration of the Regional dynamic Integrated model of Climate and the Economy (RICE) in its 1999 version developed by Nordhaus and Boyer (2000), with a focus on the Mediterranean countries. Our aim is to assess the impact of climate change...
Persistent link: https://www.econbiz.de/10014342101
Persistent link: https://www.econbiz.de/10014485592
Persistent link: https://www.econbiz.de/10014496537
The aim of this paper is to extend existing literature on carbon allowance allocation, investigating the impact of … decrease in the total output. An output-based allocation model in Cournot Oligopoly will be used. We will adopt the National … Allocation Plan (NAP) of UK for the Second Phase (2005-07) as a case study. -- Carbon allowances ; Permits allocation ; EU ETS …
Persistent link: https://www.econbiz.de/10003814728