We formulate a model with black, green and white certificates markets that function in conjunction with an electricity ….g. share of green electricity and share of energy saving/ efficiency increase.) The equilibrium solution adapts to changing …, or unchanged consumption of "black", "green" or "white" electricity. These, markets give thus a poor guidance for future …

Renewable electricity procurement auctions (RE auctions) have received much attention for their potential efficiency in … reducing the cost of support levels associated with renewable electricity (RE). However, very little attention has been paid to … invest in renewable technologies, and can thus be critical for effective RE deployment. We applied a multi-level risk …

. Electricity price impact is not visible. The investment cost impact is not significant either, but the effect of the interest rate …/MWh of support in addition to electricity price is needed to observe the connection of new turbines to the grid with a 0 …