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illustrated by the example of the Netherlands. During some 75 per cent of hours, foreign power plants set the price on the Dutch …Upon discussion of price setting on electricity wholesale markets, many refer to the so-called merit order model …. Conventional wisdom holds that during most hours of the year, coal- or natural gas-fired power plants set the price on European …
Persistent link: https://www.econbiz.de/10011948155
price increases result in substantial windfall profits, giving rise to public skepticism and calls for an auctioning of … heavily from the ETS-induced electricity price increases. We therefore argue that an abrupt transition to a complete …
Persistent link: https://www.econbiz.de/10003785029
price increases result in substantial windfall profits, giving rise to public skepticism and calls for an auctioning of … heavily from the ETS-induced electricity price increases. We therefore argue that an abrupt transition to a complete …
Persistent link: https://www.econbiz.de/10014212000
two different motives: First, RE premiums need to be reduced to reflect the carbon value embedded in the market price … carbon cost in the electricity market price. Finally, a fuel switch increases solar-induced abatement, whereas it wind …
Persistent link: https://www.econbiz.de/10012534624
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shows that the result is ambiguous. The increase in price can be either lower or higher than the marginal CO2 cost depending … capacity or not) and the power plant mix in the market; the allowance price and the power demand level (peak vs. off-peak hours …
Persistent link: https://www.econbiz.de/10014222556
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In this paper, we derive several alternative pricing schemes to allocate worldwide taxation burden to reduce carbon emissions. We compare traditional allocation schemes with an optimal Ramsey pricing by applying the outcome of modeling heterogeneous consumer behavior across countries. Using...
Persistent link: https://www.econbiz.de/10012994411
We use the cross-impact balance analysis to develop narratives that differ in the level of political collaboration (in terms of the stringency of the EU climate policy) and physical collaboration (possible expansion of transmission capacity between countries) in the European power market....
Persistent link: https://www.econbiz.de/10012319321