We characterize the optimal exploitation paths of two primary energy resources. The first one is a non-renewable polluting resource, the second one a pollution-free renewable resource. Both resources can supply the energy needs of two sectors. Sector 1 is able to reduce the potential carbon...

Nous analysons l’impact de deux politiques américaines sur la production et les échanges d’éthanol (biocarburants de première génération) et d’éthanol ligno-cellulosique (biocarburant de seconde génération) aux Etats-Unis et au Brésil ainsi que sur les émissions directes et...

In this paper, we show that the potential for endogenous technological change in alternative energy sources may alter the behaviour of resource-owning firms. When technological progress in an alternative energy source can occur through learning-by-doing, resource owners face competing incentives...

China, from its own perspective cannot afford to, and from an international perspective, is not allowed to continue on the conventional path of encouraging economic growth at the expense of the environment. The country needs to transform its economy to effectively address concern about a range...

We formulate a simple static equilibrium model for the electricity market taking account of both Green Certificates and CO2-emission permits. The objective is to investigate the relationship between these markets under the existence of upper and lower price-bounds on the Green certificates, both...

It is difficult to elminated all market power in electricity markets and it is therefore frequently suggested that some market power should be tolerated: extra revenues contribute to fixed cost recovery, facilitate investment and increase security of supply. This suggestion implicitly assumes...

Yenilenebilir bir enerji kaynağı olarak biyokütleden elde edilen biyoyakıtların üretimine yönelik oluşturulacak politikalarda enerji, tarım, çevre ve kırsal kalkınma konuları birbirleriyle ilişkili durumdadır. Biyoyakıtlar hakkındaki literatür detaylı olarak ele alındıktan...

This paper analyzes the impact of an ethanol import tariff in conjunction with a consumption mandate and tax credit. A tax credit alone acts as a subsidy to ethanol producers, equally benefiting exporters like Brazil. If an import tariff is imposed to offset the tax credit, world prices of...

Recently, many countries have introduced systems of tradable green certificates (TGCs) in order to increase the proportion of their electricity supply obtained from renewable sources. The main objective of this paper is to investigate the analytics of a TGC system of the Nordic type when...

In this paper, we examine the impact policy choices, including a carbon tax, on the optimal allocation of power across different generation sources and on future investments in generating facilities. The focus in on the Alberta power grid as it is heavily dependent on fossil fuels and has only...