Why fully liberalised electricity markets will fail to meet deep decarbonisation targets even with strong carbon pricing

Oscar Kraan, Gert Jan Kramer, Igor Nikolic, Emile Chappin and Vinzenz Koning

Energy Policy, 2019, vol. 131, issue C, 99-110

Abstract: Full decarbonisation of the electricity system is one of the key elements to limit global warming. As this transition takes place, the electricity system must maintain system adequacy and remain affordable to consumers. In liberalised electricity markets investors are seen as key actors driving this transition.

Keywords: Investor behaviour; Electricity market design; Agent-based modelling; Storage; Flexibility; Sustainability (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (20)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:131:y:2019:i:c:p:99-110

DOI: 10.1016/j.enpol.2019.04.016

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