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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
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
subsidized entry of wind power in the Nordic electricity market. A relatively small-scale entry of renewables leads to a large … the total electricity market expenditures. The subsidies generate net gains to consumers. We develop an approach to …
Persistent link: https://www.econbiz.de/10011573888
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
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
In this paper we analyze the extent to which the increased role of allowance auctions after 2012 will influence the effectiveness, efficiency and equity of the Emissions Trading Scheme in the European Union (EU ETS). We argue that more auctioning affects neither the effectiveness nor the...
Persistent link: https://www.econbiz.de/10014195730
This paper confronts the current European gas regulation with the emerging new energy paradigm. It argues that due to a … lack of policy credibility, the hold-up problem is a serious threat that will undermine the workings of the future EU gas … market. This paper explores how one could from a theoretical perspective, given the characteristics of the EU gas markets …
Persistent link: https://www.econbiz.de/10014206027
competition beyond the European border (that is among producers) according to the forecasted supply and demand balance that is … chain is maintained as being a good tool to enlarge the number of natural gas exporters to Europe, adding in this way to … and security of supply. The main reason for this is to be identified in the minor specificity of the regasification plant …
Persistent link: https://www.econbiz.de/10014217874
Protection Agency (EPA) could impact coal-fired generation in the United States as well as the electricity system as a whole … (MATS), the proposed Clean Water Act (CWA) Section 316(b) rule, and the proposed Coal Combustion Residuals (CCR) rule. The … models generally agree that these regulations will result in coal plant retirements, though there is far less agreement on …
Persistent link: https://www.econbiz.de/10014162065