Evaluating the EU ETS impacts on profits, investments and prices of the Italian electricity market

Francesca Bonenti, Giorgia Oggioni, Elisabetta Allevi and Giacomo Marangoni

Energy Policy, 2013, vol. 59, issue C, 242-256

Abstract: Climate change is a global issue, but actions to mitigate its development are regional. Europe has taken the leadership in the carbon emission policy by introducing the Emissions Trading Scheme (EU ETS), formerly regulated by Directive 2003/87/EC and since 2013 by Directive 2009/29/EC. This new Directive imposes a full auctioning system for allocating CO2 allowances to the power sector and encourages the use of renewable energy sources.

Keywords: EU ETS; Investments; Italian electricity market (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (20)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:59:y:2013:i:c:p:242-256

DOI: 10.1016/j.enpol.2013.03.026

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