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We investigate the displacement effects of phase-out-of-coal policies in a stylized model of electricity generation and … electricity, some emissions as well as some coal-based electricity "leak" into other countries and the aggregate welfare of the … generate electricity from coal. When electricity is traded, that combined policy prevents the leakage of emissions and coal …
Persistent link: https://www.econbiz.de/10011986157
of electricity supply. One of these mechanisms is a strategic reserve that retains generation capacity for use in times …-border strategic reserves to safeguard electricity supply and aid the energy transition in Germany and neighboring countries at large … security of electricity supply without distorting the EU’s internal electricity market. In addition, overall costs may decrease …
Persistent link: https://www.econbiz.de/10011294099
demand-supply framework that despite the swift, unpredicted change, the main impact was a significant increase in prices …-out decision by the German government has significantly affected electricity prices and thus competitiveness in neighbouring …
Persistent link: https://www.econbiz.de/10010388537
degree of cross-commodity and cross-market interaction allowed. We further find that coal prices are negatively and gas …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 …
Persistent link: https://www.econbiz.de/10009786078
Decarbonization goals of the European Commission foresee different future scenarios for the European power market of which all are exceeding 60% renewables in the power system.3 High shares of intermittent renewable sources require significant changes to the physical system and impact the...
Persistent link: https://www.econbiz.de/10010369935
opening of the electricity markets. Contracts were seen to foreclose the market hence the Commission comprehensively unwound …, investors were willing to undertake investment in liberalized electricity markets based on mid-term contracting and retail …
Persistent link: https://www.econbiz.de/10010369937
circles both for its content and the potential consequences to the gas and electricity markets. However, little has been said …
Persistent link: https://www.econbiz.de/10014209767
Persistent link: https://www.econbiz.de/10012661335
make a significant contribution to urgently needed greenhouse gas reductions in the power sector by 2030. Whether the …
Persistent link: https://www.econbiz.de/10014434653
The EU has been promoting unbundling of the transmission grid from other stages of the electricity supply chain with … transmission grid may come at the cost of lost vertical synergies between the formerly integrated stages of electricity supply. The … the aim of fostering competition in the upstream stage of electricity generation. At presence, ownership unbundling is the …
Persistent link: https://www.econbiz.de/10011348069