The European electricity market – impact of emissions trading

Wolf Fichtner ()
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Wolf Fichtner: Brandenburg University of Technology Cottbus Chair of Energy Economics

A chapter in Emissions Trading, 2008, pp 121-132 from Springer

Abstract: Abstract The greenhouse gas emission allowance trading scheme, agreed upon by the European Community, will affect energy-intensive companies, and especially power generators, all over Europe. The objective of this paper is therefore to present the development and application of a model for the interregional electricity and certificate market. The model results show that German power companies will become net sellers of emission allowances, and that electricity production in gas-fired combined cycle gas turbines (CCGT) could increase drastically in the next years.

Keywords: European electricity market; investment and long-term production planning; linear optimisation; emissions trading; national allocation plan (NAP) (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-0-387-73653-2_8

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DOI: 10.1007/978-0-387-73653-2_8

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