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fluctuate excessively, leading to corresponding volatility of electricity prices. Applying a rational expectations simulation …
Persistent link: https://www.econbiz.de/10005621946
We formulate a simple static equilibrium model for the electricity market taking account of both Green certificated and …
Persistent link: https://www.econbiz.de/10005487291
electricity market as the producers of green electricity are also the suppliers of Green Certificates. In this paper, we formulate … an analytic equilibrium model for simultaneously functioning electricity and Green Certificate markets, and focus on the … the market for Green Certificates and the electricity market as separate markets; and a Nash-Cournot game with endogenous …
Persistent link: https://www.econbiz.de/10008918558
proportion of their electricity supply obtained from renewable sources. The main objective of this paper is to investigate the … affects generation of electricity from renewable resources, and from carbon emitting resources, in the same way as it is … that TGCs may be an imprecise instrument for regulating the generation of green electricity and that the combination of …
Persistent link: https://www.econbiz.de/10005787160
electricity market as the producers of green electricity are also suppliers of Green Certificates. In this paper, we formulate an … analytic equilibrium model for simultaneously functioning electricity and Green Certificates markets, and focus on the role of … market for Green Certificates and the electricity market as separate markets; and a Nash-Cournot game with endogenous …
Persistent link: https://www.econbiz.de/10005790417
This paper analyses how the way emission permits are traded -their market microstructure- impacts the optimal policy to be adopted by the environmental agency. The microstructure used is one of a quote driven market type, which characterizes many financial markets: market makers act as...
Persistent link: https://www.econbiz.de/10005634018
Renewable portfolio standards (RPSs) have become a popular tool for state governments to promote renewable electricity … elasticity of supply of renewable electricity generation to be 2.67 (95% CI of 1.74, 3.60). Using my preferred elasticity …
Persistent link: https://www.econbiz.de/10010753157
The growing stream of municipal solid waste requires a sustainable waste management strategy. Meanwhile, addressing climate change and security of energy supply concerns require increased use of low-carbon and domestic sources of energy. This paper assesses the economic and policy aspects of...
Persistent link: https://www.econbiz.de/10005113730
closer look at the transfer-rule's ecological impacts and competitive effects in the field of electricity generation. The …
Persistent link: https://www.econbiz.de/10005464664
are also very aware of the impact that non-renewable energy is having on the environment. The adage reduce, reuse, recycle …
Persistent link: https://www.econbiz.de/10008837959