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This study revisits risk management in the German power market, specifically focusing on conventional thermal power generation. The subsidizing and prioritizing of electricity produced from renewable energy sources (RES) by means of the Renewable Energy Sources Act (EEG) has changed the market's...
Persistent link: https://www.econbiz.de/10013030289
to shed light on this issue by empirically analysing the electoral repercussions of the coal phase-out in Germany. By …
Persistent link: https://www.econbiz.de/10014633051
systems, called hybrid output-based allocation (OBA). We demonstrate that unlike many of the allocation methods currently … alternatives to produce cement; and finally it reduces excess allocation and reduces incentives to inflate production volumes to …
Persistent link: https://www.econbiz.de/10011376944
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We consider an international emissions trading scheme with partial sectoral and regional coverage. Sectoral and regional expansion of the trading scheme is beneficial in aggregate, but not necessarily for individual countries. We simulate international CO2 emission quota markets using marginal...
Persistent link: https://www.econbiz.de/10010438695
Political feasibility of emission trading systems may crucially depend on the free initial allocation of emission … potential trade-off between such compensation and economic efficiency for alternative allocation rules where emission allowances … is. Whenever the permit price can be considered exogenous to firms or industries, the output-based allocation rule is …
Persistent link: https://www.econbiz.de/10011448451
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