The Danish Green Certificate System: Some Simple Analytical Results

E.S. Amundsen and J.B. Mortensen

Norway; Department of Economics, University of Bergen from Department of Economics, University of Bergen

Abstract: We formulate a simple static equilibrium model for the electricity market taking account of both Green Certificates and CO2-emission permits. The objective is to investigate the relationship between these markets under the existence of upper and lower price-bounds on the Green certificates, both in the short and in the long run.

Keywords: ELECTRICITY; EMISSION CONTROL; ENVIRONMENT (search for similar items in EconPapers)
JEL-codes: Q28 Q42 Q48 (search for similar items in EconPapers)
Pages: 20 pages
Date: 2001
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Citations: View citations in EconPapers (102)

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