Mots-clés de l'autrice: energy policy ; electricity markets ; market liberalization ; technology restrictions ; energy modeling ; top-down model ; bottom-up model ; soft-link coupling ; general equilibrium

Instruments chosen to pursue climate related targets are not always efficient. In this paper we consider an economy with three climate related targets for its electricity generation: a given share of "green" electricity, a given expansion of "green" electricity, and a given reduction of "black"...