Smart grids are currently presented as ?the? technological solution to meet the challenge of a sustainable energy transition. The aim of this article is to understand the current process of transformation of electrical systems in Europe and examine the mechanisms at work that contribute to make...

We estimate the sensitivity of scrap decisions to changes in used car values and show how this "scrap elasticity" produces emissions leakage under fuel efficiency standards, a process known as the Gruenspecht effect. We first estimate the effect of gasoline prices on used vehicle values and...

Energy and environmental regulations often result in by-products that can reduce compliance costs. This research evaluates a unique case in which the marketability of gypsum by-product produced from sulfur dioxide (SO2) scrubbing operations at coal-fired electric plants has a theoretically...

The allocation or assignment of the emissions permits is one of the most contentious elements of the design of cap-and-trade systems In this paper we develop a detailed representation of the U.S. western electricity market to assess the potential impacts of various permit allocation proposals....

One country or sector that tries to reduce greenhouse gas emissions may fear that other countries or sectors will get a competitive advantage and increase emissions. Computable general equilibrium (CGE) models such as Elliott et al. (2010a, 2010b) indicate that 15–25% of abatement might be...

Technological progress is generally considered a key element in the move towards a less carbon-intensive energy use, and therefore public energy research expenditure has increased in many countries. The purpose of this paper is to investigate whether relatively high subsidies to private energy...

This paper11Thanks for excellent research assistance for this paper to Emmanuel Carlsson. Valuable comments from Francisco Alpizar, Ashokankur Datta and an anonymous referee are gratefully acknowledged as is financial support from the Swedish International Development Cooperation Agency (Sida)...

In many developing countries, natural resources such as oil and gas have had negative impact on economic development. There is a myriad of literature on “the resource curse” which shows an austere relationship: countries endowed with huge deposits of oil and gas usually experience lower...

Carbon markets are substantial and they are expanding. There are many lessons from experiences over the past eight years: fewer free allowances, better management of market-sensitive information, and a recognition that trading systems require adjustments that have consequences for market...

This paper is focused on possibilities of simulations of emission allowances trading within the EU emission trading system using new designed broker simulation model which integrates different original soft computing and decision making methods. Firstly, the paper presents the background of the...