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We develop a model with two types of electricity producers, fossil fuel utilities generating emissions, and suppliers of electricity from renewable resources such as wind energy. We account for the vertical structure of the wind-energy sector by considering wind-turbine producers engaged in...
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-up increases power costs for consumers, the support schemes have been criticised, especially by power intensive industries. It … argues that it looses competitiveness on the world marked with higher electricity costs due to the mark-up. However, this … Germany the present paper analyses this impact on the whole market more generally. Assuming a simple power market, I show that …
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higher costs in achieving the cap. Conversely, a more ambitious emission target automatically increases the RES-E share. In a …
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