How to avoid history repeating itself: the case for an EU Emissions Trading System (EU ETS) price floor revisited

Autor: Christian Flachsland, Ottmar Edenhofer, Carolyn Fischer, Oliver Tietjen, Dallas Burtraw, Milan Elkerbout, Lars Zetterberg, Michael Pahle

Publikováno v: Climate Policy, 20(1), 133-142. Earthscan
Flachsland, C, Pahle, M, Burtraw, D, Edenhofer, O, Elkerbout, M, Fischer, C, Tietjen, O & Zetterberg, L 2020, ' How to avoid history repeating itself : the case for an EU Emissions Trading System (EU ETS) price floor revisited ', Climate Policy, vol. 20, no. 1, pp. 133-142 . https://doi.org/10.1080/14693062.2019.1682494

Several years of very low allowance prices in the EU emissions trading scheme (ETS) have motivated calls to introduce a price floor to correct potential underlying distortions and design flaws, including (i) the political nature of allowance supply a

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_dedup___::e69cd040d6be8b1f6fa0e919631b3ee3
https://doi.org/10.1080/14693062.2019.1682494

Reducing the Cost of Delay: On the Interaction of Cap-and-Trade and Subsidies for Clean Energy

Autor: Oliver Tietjen

Publikováno v: SSRN Electronic Journal.

Relying on analytical and numerical modeling, I show that subsidies for clean energy can be welfare enhancing when a cap-and-trade (CAT) program is in place and if there is only the carbon externality. The growth rate of the permit price in the CAT p

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_________::faa0a94fde660b4ad44eaacb905dc839
https://doi.org/10.2139/ssrn.3580673

Reviewing the Market Stability Reserve in light of more ambitious EU ETS emission targets

Autor: Oliver Tietjen, Michael Pahle, Sebastian Osorio, Robert C. Pietzcker, Ottmar Edenhofer

Publikováno v: Energy Policy. 158:112530

The stringency of the EU's Emission Trading System (ETS) is bound to be ratcheted-up to deliver on more ambitious goals as formulated in the EU's Green Deal. Tightening the cap needs to consider the interactions with the Market Stability Reserve (MSR

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_________::b4d6537eee5ed311ede71e16707a6c72
https://doi.org/10.1016/j.enpol.2021.112530

Investment risks in power generation: A comparison of fossil fuel and renewable energy dominated markets

Autor: Michael Pahle, Oliver Tietjen, Sabine Fuss

Publikováno v: Energy Economics. 58:174-185

Due to their high capital intensity, weather dependent renewable energies (RES) such as solar and wind face considerable investment risks in power markets. In addition, their uncertain production volumes also affect the investment risks of other plan

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_________::5d050d5480c1ae25e4755840e8ce3acc
https://doi.org/10.1016/j.eneco.2016.07.005

When Low Market Values are No Bad News: On the Coordination of Renewable Support and Real-Time Pricing

Autor: Michael Pahle, Wolf-Peter Schill, Christian Gambardella, Oliver Tietjen

Publikováno v: SSRN Electronic Journal.

We analyze the interactions between different renewable support schemes and the benefits of real-time pricing (RTP) using a stylized economic model with a detailed demand-side representation calibrated to the German market. We find that there are con

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_dedup___::7ea0647225ac99d12b25bd217cd9b640
https://doi.org/10.2139/ssrn.2658739