Jabłońska, Matylda; Viljainen, Satu; Partanen, Jarmo; … - In: International Journal of Energy Sector Management 6 (2012) 3, pp. 343-364
Purpose – Under the Kyoto protocol, emissions trading was imposed upon the Nordic Nord Pool Spot market in 2005. The purpose of this paper is to identify and characterize an important side‐effect of emissions trading on electricity spot market price behavior by statistically comparing price...