market can be used to affect the entire electricity market. There are basically two reasons for being concerned with market … generation. The other is that withdrawal of a small number of TGCs implies a multiple reduction of electricity consumption, with … only Sweden has a TGC market but there is a common Nordic electricity market with free trade of electricity. The analysis …

Many countries plan to increase the proportion of their electricity supply obtained from renewable sources relative to … for regulating the generation of green electricity. Furthermore, our analysis shows that the combination of TGCs with a …

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 …

been much debate about their potential effects on electricity reliability. Only very exceptional circumstances would … trigger supply disruptions; however, the changes may affect electricity prices, the generation mix, and industry revenues …. Coincident with these new rules, expectations about natural gas prices and future electricity demand growth are changing in ways …

electricity generating fleet than most studies have predicted. …

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 …

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 …

regional, mandatory, market-based cap-and-trade program to reduce greenhouse gas (GHG) emissions from the electricity sector …. The initiative is expected to lead to an increase in the price of electricity in the RGGI region and beyond. The … implications of these changes for the value of electricity-generating assets and the market value of the firms that own them …

Policies to cap emissions of carbon dioxide (CO2) in the U.S. economy could pose significant costs on the electricity … electricity sector, we evaluate alternative ways that emission allowances can be allocated. Most previous emissions trading … programs have allocated the major portion of allowances for free to incumbent firms. In the electricity sector this approach …

) emissions from electricity generation in the eastern U.S. Under each of 18 scenarios examined, we find an annual policy would …