The electricity generation mix of many European countries is strongly dominated by fossil fuelled power plants. Given … branches, most notably the electricity industry are capped and a system of tradable CO2 emission permits is established …) model is developed, which allows to model investment incentives in the electricity sector. It takes into account major power …

paper, different allocation options are applied to the electricity sector. A power market that mirrors reality with five … exist. It turns out that the electricity sector as a whole gains from the introduction of the instrument. Its aggregated …

dioxide emissions and with a special focus on electricity generation. Within a simpli ed model of the electricity market, in …

In electricity markets, generators are rewarded both for providing energy and for enabling grid reliability. The two …