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Deregulation of the Nordic Power Market and Environmental Policy

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Author Info

  • Amundsen, E.S.
  • Nesse, A.
  • Tjotta, S.

Abstract

A common Nordic power market will reduce total CO2 emissions in the Nordic countries as compared to a situation of autarky and, thus, reduce the aggregate cost of complying to strict national CO2 emission targets. A common market for CO2 emissions permits may reduce the aggregate cost further, but this cost reduction will be smaller the harsher the CO2 emission constraints are.

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Bibliographic Info

Paper provided by Department of Economics, University of Bergen in its series Norway; Department of Economics, University of Bergen with number 194.

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Length: 18 pages
Date of creation: 1999
Date of revision:
Handle: RePEc:fth:bereco:194

Contact details of provider:
Postal: Department of Economics, University of Bergen Fosswinckels Gate 6. N-5007 Bergen, Norway
Phone: (+47)55589200
Fax: (+47)55589210
Email:
Web page: http://www.uib.no/econ/
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Keywords: ENVIRONMENTAL POLICY ; DEREGULATION ; INTERNATIONAL TRADE;

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References

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  1. Amundsen, Eirik Schroder & Bjorndalen, Jorgen & Rasmussen, Heine, 1994. "Export of Norwegian hydropower under a common European regime of environmental taxes," Energy Economics, Elsevier, vol. 16(4), pages 271-280, October.
  2. Bergman, Lars & Andersson, Bo, 1995. "Market Structure and the Price of Electricity: An ex ante Analysis of the deregulated Swedish Electricity Market," Working Paper Series in Economics and Finance 47, Stockholm School of Economics.
  3. Kjetil Bjorvatn & Sigve Tjotta, 1993. "Deregulation and Common Carriage in the Nordic Power System," The Energy Journal, International Association for Energy Economics, vol. 0(Number 4), pages 57-74.
  4. Eirik Amundsen & Sigve Tjotta, 1997. "Trade and price variation in an integrated European power market," Applied Economics, Taylor & Francis Journals, vol. 29(6), pages 745-757.
  5. Amundsen, Eirik S. & Lønning, Dag & Rasmussen, Heine, 1995. "An Analysis of International CO2 agreements," MPRA Paper 10753, University Library of Munich, Germany.
  6. Bo Andersson & Lars Bergman, 1995. "Market Structure and the Price of Electricity: An Ex Ante Analysis of the Deregulated Swedish Electricity Market," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2), pages 97-110.
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Citations

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Cited by:
  1. Forsström, Juha & Honkatukia, Juha & Sulamaa, Pekka, 2003. "Global Change and Energy Markets - Analysis the Effects of Nordic Electricity Market Integration on Environmental Policy Using GTAP-E Model," Discussion Papers 882, The Research Institute of the Finnish Economy.
  2. von der Fehr, N-H.M. & Amundsen , E.S. & Bergman, L., 2005. "The Nordic Market: Signs of Stress?," Cambridge Working Papers in Economics 0525, Faculty of Economics, University of Cambridge.
  3. Ochoa, Camila & Dyner, Isaac & Franco, Carlos J., 2013. "Simulating power integration in Latin America to assess challenges, opportunities, and threats," Energy Policy, Elsevier, vol. 61(C), pages 267-273.
  4. Heikki Kemppi & Adriaan Perrels, 2003. "Liberalised Electricity Markets - Strengths and Weaknesses in Finland and Nordpool," Research Reports 97, Government Institute for Economic Research Finland (VATT).

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