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Green Electricity Certificates - a Supplement to the Flexible Mechanisms of the Kyoto Protocol

Nielsen, Lene; Jeppesen, Tim - 2014

With the liberalisation of the European electricity market, new instruments are searched for in order to co-ordinate climate change initiatives with competition. This paper analyses the potential of a system of green electricity certificates to regulate the introduction of renewable energy...

Persistent link: https://www.econbiz.de/10014172860

Imperfect Competition in Electricity Markets with Renewable Generation : The Role of Renewable Compensation Policies

Brown, David - 2018

We analyze the effects of commonly employed renewable compensation policies on firm behaviorin an imperfectly competitive market. We consider a model where firms compete for renewablecapacity in a procurement auction prior to choosing their forward contract positions and competingin wholesale...

Persistent link: https://www.econbiz.de/10012911591

Subsidies for learning in renewable energy technologies under market power and emission trading

Traber, Thure; Kemfert, Claudia - 2011

Under perfect competition on the output market, first best technology subsidies in the presence of learning by doing are justified by knowledge spill overs that are not accounted for by individual companies. First best output subsidies are thus depending directly on the learning effects and are,...

Persistent link: https://www.econbiz.de/10009427861

Contracting matters : hedging producers and consumers with a renewable energy pool

Neuhoff, Karsten; Ballesteros, Fernanda; Kröger, Mats; … - 2023

Renewable energy installations are rapidly gaining market share due to falling technology costs and supportive policies. Meanwhile, the energy price crisis resulting from the Russian-Ukrainian war has shifted the energy policy debate toward the question of how consumers can benefit more from the...

Persistent link: https://www.econbiz.de/10014230115

Renewable Energy under the Kyoto Protocol : The Case for Mixing Instruments

Driesen, David M. - 2014

This paper suggests that a mixture of measures may be needed to encourage renewable energy under the Kyoto Protocol. It explains that the goal of maximizing short term cost effectiveness tends to conflict with the goal of encouraging the long-term technological development that the world will...

Persistent link: https://www.econbiz.de/10014222701

How Choice Complexity in Liberalized Markets Hurts the Demand for Green Electricity

Bärenbold, Rebekka - 2020

Many countries have liberalized their residential electricity markets or are considering to do so. Liberalization provides consumers with more freedom of choice but also leads to higher choice complexity as consumers face a much larger number of different electricity contracts to choose from. We...

Persistent link: https://www.econbiz.de/10012831070

Equilibrium supply security in a multinational electricity market with renewable production

Tangerås, Thomas P. - 2017

An increasing reliance on solar and wind power has raised concern about system ability to consistently satisfy electricity demand. This paper examines countries' unilateral incentives to achieve supply security through capacity reserves and market integration in a multinational electricity...

Persistent link: https://www.econbiz.de/10011633642

Policy implications of a world with renewables, limited dispatchability, and fixed load

Mier, Mathias - 2018

Most electricity systems face contractual fixed consumer prices in the short term, that is, load and price are fixed before the random supply of renewables like wind or solar realizes. Steam power plants also make production decisions before such a random supply realizes. These capacities cannot...

Persistent link: https://www.econbiz.de/10011882245

Carbon Pricing with an Output Subsidy under Imperfect Competition : The Case of Alberta's Restructured Electricity Market

Brown, David - 2017

In this paper, we examine the use of carbon pricing and an output-based subsidy in a market with imperfect competition. We consider a carbon pricing policy in Alberta's electricity market as a case study. This policy consists of two phases. In the first phase, the carbon price is doubled with...

Persistent link: https://www.econbiz.de/10012961552

Stranded Benefits Versus Stranded Costs in Utility Deregulation

Cearley, Reed W.; Cole, Daniel H. - 2003

recover stranded costs in the process of utility deregulation. But they have been rationally silent about the converse problem … little voice in deregulation negotiations. If equity requires that utilities and their investors be compensated for stranded … costs in deregulation, then equity must also dictate that ratepayers be compensated for stranded benefits. Data and …

Persistent link: https://www.econbiz.de/10014087515

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