Skip to main navigation Skip to main content
info(at)avldigital.remove-this.de
Deutsch English
Narrow Search
Search narrowed by
Last searches

Results for *

Displaying results 1 to 3 of 3.

  1. Prices vs. percentages
    use of tradable green certificates as an instrument of greenhouse gas mitigation
    Author: Heimvik, Arild; Amundsen, Eirik Schrøder
    Published: [2019]
    Publisher:  CESifo, Center for Economic Studies & Ifo Institute, Munich, Germany

    The paper analyzes the problem of achieving a target path of emission reductions in the electricity sector, using a scheme of tradable green certificates (TGC). There are two types of generation, renewable and fossil. The latter causes the emissions.... more

    Location:
    Staats- und Universitätsbibliothek Bremen
    Inter-library loan:
    No inter-library loan

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 63
    Inter-library loan:
    No inter-library loan

     

    The paper analyzes the problem of achieving a target path of emission reductions in the electricity sector, using a scheme of tradable green certificates (TGC). There are two types of generation, renewable and fossil. The latter causes the emissions. The paper also examines effects from emission regulation on construction of new renewable generation capacity. Outcomes are compared with an emission fee and a subsidy. The analytical results are simulated with a numerical model and social surplus are calculated for the different instruments. Two versions of the percentage requirement are devised for the TGC scheme. Results show that the target path of emission reductions is achievable, but incentives for new renewable generation capacity will be sub-optimal, regardless of the version of the percentage requirement. The TGC scheme is neither the most accurate nor the most cost-efficient, instrument but it does lead to a smaller reduction of social surplus than a subsidy.

     
    Export to reference management software   RIS file
      BibTeX file
    Content information
    Volltext (kostenfrei)
    Volltext (kostenfrei)
    Volltext (kostenfrei)
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/198881
    Series: Array ; no. 7521 (February 2019)
    Subjects: Treibhausgas-Emissionen; Elektrische Energietechnik; Erneuerbare Energie; Kosteneffizienz; Wohlfahrtsanalyse; Emissionshandel; Pigou-Steuer; Subvention; emission regulation; energy policy; green certificates; Pigouvian taxes; subsidies
    Scope: 1 Online-Ressource (circa 41 Seiten), Illustrationen
  2. Bidding behaviour in interdependent markets for electricity and green certificates
    Author: Ganhammar, Kajsa
    Published: August 2023
    Publisher:  Department of Economics, School of Economics and Management, Lund University, Lund

    Market-based climate policies have received increased attention, making it important to understand how such politically created markets affect competition in the electricity market. This paper focuses on the green certificate policy which financially... more

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 815
    Inter-library loan:
    No inter-library loan

     

    Market-based climate policies have received increased attention, making it important to understand how such politically created markets affect competition in the electricity market. This paper focuses on the green certificate policy which financially supports producers of renewably sourced electricity by means of tradable certificates, and develops a simple duopoly model that incorporates both the electricity and the green certificate markets in an auction-based setting. The results suggest that, in case the subsidised technology has a higher expected marginal cost than the conventional technology, the policy can improve competition and efficiency in the electricity market. Conversely, if producers are ex-ante symmetric in their marginal costs, the advantage the policy creates enables the subsidised producer to bid higher at given cost as the probability of winning the electricity auction increases. This is harmful for competition and results in high consumer prices of electricity.

     
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/298523
    Series: Working paper / Department of Economics, Lund University ; 2023, 8
    Subjects: asymmetric procurement auctions; electricity markets; green certificates; renewable energy
    Scope: 1 Online-Ressource (circa 21 Seiten), Illustrationen
  3. National climate change policy - are the new German energy policy initiatives in conflict with WTO law?
    Contributor: Dröge, Susanne (Mitwirkender)
    Published: 2003
    Publisher:  DIW, Berlin

    Export to reference management software   RIS file
      BibTeX file