Aatola, Piia; Ollikainen, Markku; Toppinen, Anne - In: Energy Policy 61 (2013) C, pp. 1236-1251
We study the impact of the carbon price on the integrating electricity market in the EU. Our theoretical framework suggests that the price of carbon has a positive but uneven impact on electricity prices depending on the marginal production plant. The carbon price may increase price differences...