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

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

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.

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  • Kraan, Oscar & Kramer, Gert Jan & Nikolic, Igor & Chappin, Emile & Koning, Vinzenz, 2019. "Why fully liberalised electricity markets will fail to meet deep decarbonisation targets even with strong carbon pricing," Energy Policy, Elsevier, vol. 131(C), pages 99-110.
    • Handle: RePEc:eee:enepol:v:131:y:2019:i:c:p:99-110
    DOI: 10.1016/j.enpol.2019.04.016
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    13. John P. Banks, 2022. "The decarbonization transition and U.S. electricity markets: Impacts and innovations," Wiley Interdisciplinary Reviews: Energy and Environment, Wiley Blackwell, vol. 11(6), November.
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