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Current decarbonization policies neglect damages from local air pollutants. We analyze the trade-off between … complementary taxation of carbon emissions and local air pollution. We quantify results for the European power market until 2050 … taxation can be complementary to a primary policy of air pollution abatement. On the contrary, a primary policy of …
Persistent link: https://www.econbiz.de/10013329808
Decarbonization requires the transformation of power markets towards renewable energies and investment costs are …
Persistent link: https://www.econbiz.de/10013272914
Persistent link: https://www.econbiz.de/10015047404
European energy crisis has three elements: skyrocketing prices for energy carriers such as natural gas, coal, as well as electricity, reduced nuclear power plant availability in France, and lower hydro power generation in Europe. This paper decomposes the effects of those elements on power...
Persistent link: https://www.econbiz.de/10014279363
The displacement impacts of wind power generation on other generation technologies are estimated for Ontario. In addition, their annual financial benefits, costs, and international stakeholder impacts are measured. For every 100 MWh generated, almost 53 MWh of gas output and 23 MWh of hydro...
Persistent link: https://www.econbiz.de/10012286525
The Regional Greenhouse Gas Initiative (RGGI) was passed by an original collection of 10 northeastern states and is the first cap-and-trade policy in the United States to specifically target carbon dioxide emissions from the electricity sector. We exploit the introduction of this policy and...
Persistent link: https://www.econbiz.de/10013249977
Energy and climate policies are usually seen as measures to internalize externalities. However, as a side effect, these policies redistribute wealth between consumers and producers, and within these groups. While redistribution is seldom the focus of the academic literature in energy economics,...
Persistent link: https://www.econbiz.de/10009660458
Energy and climate policies are usually seen as measures to internalize externalities. However, as a side effect, these policies redistribute wealth between consumers and producers, and within these groups. While redistribution is seldom the focus of the academic literature in energy economics,...
Persistent link: https://www.econbiz.de/10014162886
Policymakers misjudge results of technology-rich optimization models because those models specify investment cost differently and thus are not equally sensitive towards changing financing cost and discount rates. We apply an intertemporally optimizing power market model to analyze three...
Persistent link: https://www.econbiz.de/10013348498
The analytical challenges in evaluating the impacts of transmission line investments have vexed practitioners and electricity market regulators. The purpose of this study is to provide a guideline for improving the accuracy and predictability of the impacts of electricity rehabilitation...
Persistent link: https://www.econbiz.de/10012957163