Has the EU-ETS Financed the Energy Transition of the Italian Power System?
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Rannou, Yves, 2017.
"Liquidity, information, strategic trading in an electronic order book: New insights from the European carbon markets,"
Research in International Business and Finance, Elsevier, vol. 39(PB), pages 779-808.
- Yves Rannou, 2017. "Liquidity, information, strategic trading in an electronic order book: New insights from the European carbon markets," Post-Print hal-01650533, HAL.
- Jos Sijm & Karsten Neuhoff & Yihsu Chen, 2006.
"CO 2 cost pass-through and windfall profits in the power sector,"
Climate Policy, Taylor & Francis Journals, vol. 6(1), pages 49-72, January.
- Sijm, J. & Neuhoff, K. & Chen, Y., 2006. "CO2 cost pass through and windfall profits in the power sector," Cambridge Working Papers in Economics 0639, Faculty of Economics, University of Cambridge.
- Jos Sijm & Karsten Neuhoff & Yihsu Chen, 2006. "CO2 cost pass through and windfall profits in the power sector," Working Papers EPRG 0617, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- Lo Prete, Chiara & Norman, Catherine S., 2013. "Rockets and feathers in power futures markets? Evidence from the second phase of the EU ETS," Energy Economics, Elsevier, vol. 36(C), pages 312-321.
- Jouvet, Pierre-André & Solier, Boris, 2013.
"An overview of CO2 cost pass-through to electricity prices in Europe,"
Energy Policy, Elsevier, vol. 61(C), pages 1370-1376.
- Boris Solier & Pierre-André Jouvet, 2011. "An overview of CO2 cost pass-through to electricity prices in Europe," Working Papers 1108, Chaire Economie du climat.
- Pierre-André Jouvet & Boris Solier, 2013. "An overview of CO2 cost pass-through to electricity prices in Europe," Post-Print hal-01385884, HAL.
- Ibrahim Ahamada & Djamel Kirat, 2012.
"The impact of phase II of the EU ETS on the electricity-generation sector,"
Documents de travail du Centre d'Economie de la Sorbonne
12007, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
- Ibrahim Ahamada & Djamel Kirat, 2012. "The impact of phase II of the EU ETS on the electricity-generation sector," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00673918, HAL.
- Johansen, Soren, 1995. "Likelihood-Based Inference in Cointegrated Vector Autoregressive Models," OUP Catalogue, Oxford University Press, number 9780198774501.
- Ibrahim Ahamada & Djamel Kirat, 2015. "The impact of phase II of the EU ETS on wholesale electricity prices," Revue d'économie politique, Dalloz, vol. 125(6), pages 887-908.
- Ibrahim Ahamada & Djamel Kirat, 2018. "Non-linear Pass-Through of the CO2 Emission-Allowance Price onto Wholesale Electricity Prices," Post-Print hal-03532528, HAL.
- repec:dau:papers:123456789/7761 is not listed on IDEAS
- Daskalakis, George & Psychoyios, Dimitris & Markellos, Raphael N., 2009. "Modeling CO2 emission allowance prices and derivatives: Evidence from the European trading scheme," Journal of Banking & Finance, Elsevier, vol. 33(7), pages 1230-1241, July.
- Johansen, Soren, 1991. "Estimation and Hypothesis Testing of Cointegration Vectors in Gaussian Vector Autoregressive Models," Econometrica, Econometric Society, vol. 59(6), pages 1551-1580, November.
- Johansen, Soren, 1988. "Statistical analysis of cointegration vectors," Journal of Economic Dynamics and Control, Elsevier, vol. 12(2-3), pages 231-254.
- Johanna Cludius and Regina Betz, 2020. "The Role of Banks in EU Emissions Trading," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2), pages 275-300.
- Ibrahim Ahamada & Djamel Kirat, 2015. "The impact of phase II of the EU ETS on wholesale electricity prices," Post-Print insu-01558352, HAL.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Cinzia Bonaldo & Fulvio Fontini & Michele Moretto, 2022.
"The Energy Transition and the Value of Capacity Remuneration Mechanisms,"
Working Papers
2022.16, Fondazione Eni Enrico Mattei.
- Bonaldo, Cinzia & Fontini, Fulvio & Moretto, Michele, 2022. "The Energy Transition and the Value of Capacity Remuneration Mechanisms," FEEM Working Papers 321985, Fondazione Eni Enrico Mattei (FEEM).
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Gavard, Claire & Kirat, Djamel, 2018.
"Flexibility in the market for international carbon credits and price dynamics difference with European allowances,"
Energy Economics, Elsevier, vol. 76(C), pages 504-518.
- Claire Gavard & Djamel Kirat, 2015. "Flexibility in the Market for International Carbon Credits and Price. Dynamics Difference with European Allowances," Working Papers 2015.03, Fondazione Eni Enrico Mattei.
- Gavard, Claire & Kirat, Djamel, 2017. "Flexibility in the market for international carbon credits and price dynamics difference with European allowances," ZEW Discussion Papers 17-054, ZEW - Leibniz Centre for European Economic Research.
- Freitas, Carlos J. Pereira & Silva, Patrícia Pereira da, 2015. "European Union emissions trading scheme impact on the Spanish electricity price during phase II and phase III implementation," Utilities Policy, Elsevier, vol. 33(C), pages 54-62.
- Charles, Amélie & Darné, Olivier & Fouilloux, Jessica, 2013.
"Market efficiency in the European carbon markets,"
Energy Policy, Elsevier, vol. 60(C), pages 785-792.
- Amélie Charles & Olivier Darné & Jessica Fouilloux, 2013. "Market efficiency in the European carbon markets," Post-Print halshs-00846679, HAL.
- Guo, Bowei & Castagneto Gissey, Giorgio, 2021.
"Cost pass-through in the British wholesale electricity market,"
Energy Economics, Elsevier, vol. 102(C).
- Guo, B. & Castagneto Gissey, G., 2019. "Cost Pass-through in the British Wholesale Electricity Market," Cambridge Working Papers in Economics 1997, Faculty of Economics, University of Cambridge.
- Ansgar Belke & Robert Czudaj, 2010.
"Is Euro Area Money Demand (Still) Stable? Cointegrated VAR Versus Single Equation Techniques,"
Applied Economics Quarterly (formerly: Konjunkturpolitik), Duncker & Humblot, Berlin, vol. 56(4), pages 285-315.
- Belke, Ansgar & Czudaj, Robert, 2010. "Is Euro Area Money Demand (Still) Stable? – Cointegrated VAR versus Single Equation Techniques," Ruhr Economic Papers 171, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
- Ansgar Belke & Robert Czudaj, 2010. "Is Euro Area Money Demand (Still) Stable?: Cointegrated VAR versus Single Equation Techniques," Discussion Papers of DIW Berlin 982, DIW Berlin, German Institute for Economic Research.
- Bowei Guo & Giorgio Castagneto Gissey, 2019. "Cost Pass-through in the British Wholesale Electricity Market: Implications of Brexit and the ETS reform," Working Papers EPRG1937, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- Peter Rowland & Hugo OLiveros C., 2003. "Colombian Purchasing Power Parity Analysed Using a Framework of Multivariate Cointegration," Borradores de Economia 252, Banco de la Republica de Colombia.
- Ramona Dumitriu & Razvan Stefanescu, 2015. "The Relationship Between Romanian Exports And Economic Growth After The Adhesion To European Union," Risk in Contemporary Economy, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, pages 17-26.
- Pär Österholm, 2005.
"The Taylor Rule: A Spurious Regression?,"
Bulletin of Economic Research, Wiley Blackwell, vol. 57(3), pages 217-247, July.
- Österholm, Pär, 2003. "The Taylor Rule: A Spurious Regression?," Working Paper Series 2003:20, Uppsala University, Department of Economics.
- Boris Hofmann, 2003.
"Bank Lending and Property Prices: Some International Evidence,"
Working Papers
222003, Hong Kong Institute for Monetary Research.
- Boris Hofmann, 2004. "Bank lending and property prices: some international evidence," Money Macro and Finance (MMF) Research Group Conference 2003 46, Money Macro and Finance Research Group.
- Garg, Bhavesh & Prabheesh, K.P., 2021. "Testing the intertemporal sustainability of current account in the presence of endogenous structural breaks: Evidence from the top deficit countries," Economic Modelling, Elsevier, vol. 97(C), pages 365-379.
- Anders Bergvall, 2004. "What Determines Real Exchange Rates? The Nordic Countries," Scandinavian Journal of Economics, Wiley Blackwell, vol. 106(2), pages 315-337, June.
- Ericsson, Neil R & Hendry, David F & Mizon, Grayham E, 1998.
"Exogeneity, Cointegration, and Economic Policy Analysis,"
Journal of Business & Economic Statistics, American Statistical Association, vol. 16(4), pages 370-387, October.
- Neil R. Ericsson & David F. Hendry & Grayham E. Mizon, 1998. "Exogeneity, cointegration, and economic policy analysis," International Finance Discussion Papers 616, Board of Governors of the Federal Reserve System (U.S.).
- Jeremy B. Rudd & Karl Whelan, 2002.
"A note on the cointegration of consumption, income, and wealth,"
Finance and Economics Discussion Series
2002-53, Board of Governors of the Federal Reserve System (U.S.).
- Jeremy Rudd & Karl Whelan, 2002. "A note on the cointegration of consumption, income, and wealth," Open Access publications 10197/228, School of Economics, University College Dublin.
- Rudd, Jeremy & Whelan, Karl, 2002. "A Note on the Cointegration of Consumption, Income, and Wealth," Research Technical Papers 5/RT/02, Central Bank of Ireland.
- Geweke, J. & Joel Horowitz & Pesaran, M.H., 2006.
"Econometrics: A Bird’s Eye View,"
Cambridge Working Papers in Economics
0655, Faculty of Economics, University of Cambridge.
- Geweke, John F. & Horowitz, Joel L. & Pesaran, M. Hashem, 2006. "Econometrics: A Bird's Eye View," IZA Discussion Papers 2458, Institute of Labor Economics (IZA).
- John Geweke & Joel Horowitz & M. Hashem Pesaran, 2006. "Econometrics: A Bird’s Eye View," CESifo Working Paper Series 1870, CESifo.
- Marcus J. Chambers, 2015. "A Jackknife Correction to a Test for Cointegration Rank," Econometrics, MDPI, vol. 3(2), pages 1-21, May.
- Sulaiman, Saidu & Masih, Mansur, 2017. "Is liberalizing finance the game in town for Nigeria ?," MPRA Paper 95569, University Library of Munich, Germany.
- Rault, Christophe, 2005.
"Further Results on Weak Exogeneity in Vector Error Correction Models,"
Brazilian Review of Econometrics, Sociedade Brasileira de Econometria - SBE, vol. 25(2), November.
- Christophe Rault, 2004. "Further results on weak-exogeneity in vector error correction models," Econometric Society 2004 Far Eastern Meetings 402, Econometric Society.
- Christophe Rault, 2005. "Further Results on Weak-Exogeneity in Vector Error Correction Models," Documents de recherche 05-12, Centre d'Études des Politiques Économiques (EPEE), Université d'Evry Val d'Essonne.
- Haruna Issahaku & Yazidu Uztarz & Paul Bata Domanban, 2013. "Macroeconomic Variables and Stock Market Returns in Ghana: Any Causal Link?," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 3(8), pages 1044-1062, August.
- Klaus Prettner & Robert Kunst, 2012.
"The dynamic interrelations between unequal neighbors: an Austro-German case study,"
Empirical Economics, Springer, vol. 43(2), pages 741-761, October.
- Klaus Prettner & Robert M. Kunst, 2009. "The Dynamic Interrelations between Unequal Neighbors: An Austro-German Case Study," Vienna Economics Papers vie0913, University of Vienna, Department of Economics.
More about this item
Keywords
pass-through; electricity price; EU-ETS; VECM; Italian power market;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jijfss:v:9:y:2021:i:4:p:71-:d:702307. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.